Telles Advogados advised Vallis Capital Partners on the deal, while Cuatrecasas advised Valor.
Spanish chocolate producer, Chocolates Valor, executed the acquisition of Portuguese firm Imperial Produtos Alimentares, the major chocolate manufacturer of Portugal.
Imperial, owner of brands such as Regina, Pantagruel, Jubileu and Pintarolas, was part of the venture capital fund Vallis Sustainable Investments I, but within a few weeks it will become part of the leading group in Spain Chocolates Valor, which invoices around €138 million, has two industrial facilities and exports to more than 60 countries, according to sources.
Vallis Capital Partners is an independent holding company focused on managing Private Equity and investment funds, fully owned by the Founding Partners.
Telles Advogados advised Vallis Capital Partners with a team led by partners Francisco Espregueira Mendes (Picture) and Cristina Ferreira, together with the European and Competition team, by partner Leyre Prieto and of counsel Joaquim Caimoto Duarte.
Cuatrecasas advised Valor with a team which included partners Marta Máñez, Francisco Picó and Vasco Bivar.
Involved fees earner: Vasco Bivar de Azevedo – Cuatrecasas; Marta Máñez Pérez – Cuatrecasas; Francisco Picó – Cuatrecasas; Joaquim Caimoto Duarte – TELLES Advogados; Francisco Espregueira Mendes – TELLES Advogados; Cristina Ferreira – TELLES Advogados; Leyre Prieto – TELLES Advogados;