Boltz, Brink and Veirano advised on the deal
Dr. Oetker is strengthening its presence in Brazil with the acquisition of local baking aids firm Mavalerio for an undisclosed sum.
Mavalerio has sales volumes of 31,000 tonnes per year. Its product range includes sugar and chocolate sprinkles, chocolate coatings, icing mixes, cocoa powder, sugar, popcorn and flavourings. Founded in 1969, the firm has grown internationally over a number of years, leading to the creation of Mavalerio USA in 2016.
Dr. Oetker GmbH was founded in 1908. The Company’s line of business includes the wholesale distribution of groceries and related products.
Boltz, Brink advised Dr. Oetker Brasil Ltda. with Beate Christine Boltz (Picture) Thomas Paul Brink and Francisco Boano Luzzi de Barros.
Veirano advised Indústria de Produtos Alimentícios Mavalério Ltda. and Mavalério USA, Inc. with Sergio Bronstein, Fernao Henrique Pio Rocha Moura de Castro and Thiago Mendes de Oliveira.
Involved fees earner: Francisco Boano Luzzi de Barros – Boltz, Brink Advogados; Beate Christine Boltz – Boltz, Brink Advogados; Thomas Paul Brink – Boltz, Brink Advogados; Fernao Henrique Pio Rocha Moura de Castro – Tozzini Freire ; Sergio Bronstein – Veirano Advogados; Thiago Mendes de Oliveira – Veirano Advogados;