CVC Strategic Opportunities’ Acquisition of 24.99% of Sonae MC

Cuatrecasas advised CVC Capital Partners Strategic Opportunities on the deal.

CVC Capital Partners Strategic Opportunities has acquired 24.99% of the Portuguese company Sonae MC for €528 million. 

This agreement establishes a strategic association with one of Portugal’s major economic groups and a top-level investor, which shares Sonae MC’s vision and supports its growth plan, enabling Sonae to maintain its position of control.

The association is aligned with the active management strategy of Sonae’s portfolio, aimed at achieving an optimal shareholder structure for each of its businesses, and obtaining partners of great experience and added value.

CVC Strategic Opportunities is an internationally recognised investor with a successful track-record of partnering across the globe.

Sonae MC is the leading Portuguese food retailer in Portugal, with almost 1,000 company operated stores, operating through a multi-banner and omnichannel portfolio to capture all shopping missions, being also a highly recognized brand in Portugal.

The Cuatrecasas team for CVC was led by partners Mariana Norton and Javier Martí-Fluxá, including lawyers João von Funcke, Miguel Lencastre Monteiro, Pedro Marques Bom, Pedro Vidal Matos, Rebeca Rodríguez Martínez, Manuel Requicha Ferreira, Margarida Leal Oliveira and Sandra Lima de Silveira.

Involved fees earner: Margarida Leal Oliveira – Cuatrecasas; Miguel Lencastre Monteiro – Cuatrecasas; Sandra Lima da – Cuatrecasas; Pedro Marques Bom – Cuatrecasas; Javier Martí-Fluxá – Cuatrecasas; Mariana Norton dos Reis – Cuatrecasas; Manuel Requicha Ferreira – Cuatrecasas; Rebeca Rodríguez – Cuatrecasas; Pedro Vidal Matos – Cuatrecasas; João von Funcke – Cuatrecasas;

Law Firms: Cuatrecasas;

Clients: CVC Strategic Opportunities;

Federica Tiefenthaler

Author: Federica Tiefenthaler