Cuatrecasas represented Grupo Costa in the transaction.
Costa Group executed the acquisition of La Alegría Riojana. This transaction will allow the group to increase its presence in the meat products market.
La Alegría Riojana—which specializes in the production of high-quality cured and marinated meat products—merges perfectly with the Costa Group, a conglomerate that is present at all stages of the pork production line, as well as in the chicken and turkey markets.
La Alegría Riojana, based in Camprovín (La Rioja, Spain), has an outstanding positioning in the European and Latin American markets, posting sales of €19 million for 2020.
The Costa Group thus increases its current offer of meat products—in which it already had a strong presence with brands such as Casademont, Villar, La Nuncia and Roler—and consolidates its position as one of the leading European meat groups, with a 4,700-strong workforce and an aggregate turnover of €1.5 billion in 2020.
Tthe Cuatrecasas’ team from Zaragoza office included Antonio García (Picture), Mara Tomás, Carolina Artigot and Andrea Morales advised the Costa Group.
Law Firms: Cuatrecasas;
Clients: Costa Food Group;