Frutarom’s Acquisition of Remaining 20% Stake in SDFLC Brasil Indústria e Comércio


Lobo de Rizzo and Azevedo Sette advised on the transaction

Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) executed its acquisition of remaining 20% stake in Brazilian company SDFLC Brasil Indústria E Comércio (SDFLC).

SDFLC produces sweet flavor solutions for ice creams and desserts in Brazil.

Frutarom Industries Ltd produces edible essences and fragrances. The Company manufactures, exports, and markets food flavors, seasonings, and fragrances. Frutarom Industries serves food, beverages, pharmaceutical, nutraceutical, and cosmetic industries worldwide.

Lobo de Rizzo advised Frutarom do Brasil Indústria e Comércio Ltda. with Valdo Cestari de Rizzo (Picture), Marcela Tavares de Vasconscelos and Renata de Campos Nogueira.

Azevedo Sette advised SDFLC and the selling shareholters (Vincenzo Simonetti, Roberto Leardini, Francesca Calabrò, Stefano Fioravanti y Claudio di Caro) with Rafael Tavares Bassoli and Bárbara Rios.

Involved fees earner: Rafael Bassoli – Azevedo Sette Advogados; Bárbara Rios Pimenta Nogueira – Azevedo Sette Advogados; Valdo Cestari de Rizzo – Lobo & de Rizzo; Renata de Campos Nogueira – Lobo & de Rizzo; Marcela Tavares de Vasconcelos – Lobo & de Rizzo;

Law Firms: Azevedo Sette Advogados; Lobo & de Rizzo;

Clients: Frutarom Industries Ltd; SDFLC Brasil Indústria e Comércio Ltda.;

Author: Ambrogio Visconti.