Drake Enterprises’ Acquisition of Shares in Glovo

Cases&Lacambra advised Drake Enterprises on the deal.

Drake Food Service International, a member of the Swiss group Drake Enterprises, executed the acquisition of further shares of the Spanish “unicorn” Glovo, a company which is highly successful in delivery services in various jurisdictions.

Drake Food Service International is a Spanish company also owning a number Papa John’s franchisees in Europe and Latin America, and it was already a shareholder of Glovo.

The Cases&Lacambra team was led by partner Bojan Radovanovic (Picture) and included of counsel Araceli Leyva, and associates Marc Roig and Enrique Pérez. The advice also included a Tax angle, with a team led by partners Ernesto Lacambra and David Navarro, and associate Miguel Mateo.

Involved fees earner: Ernesto Lacambra – Cases & Lacambra; Araceli Leyva – Cases & Lacambra; Miguel Mateo – Cases & Lacambra; David Navarro – Cases & Lacambra; Enrique Pérez – Cases & Lacambra; Bojan Radovanovic – Cases & Lacambra; Marc Roig – Cases & Lacambra;

Law Firms: Cases & Lacambra;

Clients: Drake Food Service International ;