Nestlé’s Acquisition of a majority interest in Terrafertil

White & Case, CorralRosales, Posse Herrera Ruiz, The Giannuzzi Group, FERRERE, Dentons Cardenas & Cardenas, Brigard Urrutia, Philippi Prietocarrizosa Ferrero DU & Uría, Bofill Mir & Álvarez Jana Abogados and Lacaz Martins Halembeck Pereira Neto Gurevich & Schoueri

Nestlé today announced that it has acquired a majority stake in Terrafertil, a company selling natural, organic, plant-based foods and healthy snacks.

The move widens Nestlé’s presence in a fast-growing category in Latin America, the United States and the United Kingdom.

Terrafertil, and its flagship brand ‘NATURE’S HEART®’, is recognized for its wide portfolio of natural and mostly organic products. It is the world’s largest buyer of goldenberries (Physalis), an Andean superfood high in vitamins and antioxidants. The company was founded in 2005 in Ecuador by five entrepreneurs and is managed by three founding brothers, David, Raul and Daniel Bermeo. It quickly expanded its presence in Mexico, Colombia, Peru, Chile, and the United Kingdom. In 2017, it entered the United States with the purchase of ‘ESSENTIAL LIVING FOODS®’. Terrafertil has received international recognition for its positive social impact through its work with hundreds of small farmers. It employs 400 people and has four factories in Ecuador, Mexico, Colombia and Chile.

The transaction includes all of Terrafertil’s operations and assets in the seven countries where it operates.

Nestle S.A. is a multinational packaged food company, that manufactures and markets a wide range of food products. the company, led by Ulf Mark Schneider, Francois-Xavier Roger and Stefan Palzer, in 2017 recorded CHF 90 Billion Revenues.

White & Case advised Nestlé with Bryan Luchs (Picture), Daren Orzechowski, Rebecca Farrington, Daniel Levin, Jacquelyn MacLennan, Marc Israel, John Kim, Victoria Rosamond, Jason Krause, Chris Hinman, Dilara Erik, Chen Zhang, Choi Li, Micaela Glass, Sophie Sahlin, Anneka Randhawa, Helen Levendi, Daniel Rosenberg, Peter Chan, Iker Arriola, Pedro Morales, Rodrigo Avendaño, Fernanda Solís-Cámara Díaz and Ulises Patiño.

In Quito, CorralRosales advised Nestlé with Xavier Rosales, Edmundo Ramos, Milton Carrera, José Gordillo, Ana Samudio, Ramón Paz, Miño, Andrea Moya, Marta Villagómez, Rafael Serrano, Felipe Samaniego, Andrés Ortega and Andrés Rubio.

In Colombia, Posse Herrera Ruiz advised Nestlé with Jaime Herrera, Óscar Tutasaura, Lina Prieto, Natalia Martínez Pacheco and Manuela Escobar.

The Giannuzzi Group advised Terrafertil with Nicholas Giannuzzi and Anthony Iuzzolino.

In Mexico, Von Wobeser y Sierra, S.C. advised Terrafertil with Luis Burgueño, Luis Miguel Jiménez, Rodolfo Trampe and Jorge Díaz.

In Quito, FERRERE advised Terrafertil with Javier Robalino, Paola Gachet, Milton Vásconez, Pablo Velasco, Montserrat Sánchez, Martín Pallares Sevilla, Daniel Robalino Orellana, Pedro Hajj, Martín Borja Espinosa and Daniel Peré.

In Colombia, Dentons Cardenas & Cardenas advised Terrafertil with Bernardo Cárdenas and Camilo Cortés.

In Colombia, Brigard Urrutia advised Terrafertil with Sergio Michelsen Jaramillo, José Andrés Romero and Catalina Jaramillo Hernández.

In Perù, Philippi Prietocarrizosa Ferrero DU & Uría advises Terrafertil with Rafael Puiggros and Milagros Pastor Stumpf.

In Chile, Bofill Mir & Álvarez Jana Abogados advised Terrafertil with Guillermo Fonseca.

In Brazil, Lacaz Martins Halembeck Pereira Neto Gurevich & Schoueri advised Terrafertil with Cristiano Diogo de Faria and Sergio Marcon.

Involved fees earner: Cristiano Diogo De Faria – Lacaz Martins Halembeck Pereira Neto Gurevich & Schoueri ; Sérgio Eduardo Marcon Filho – Lacaz Martins Halembeck Pereira Neto Gurevich & Schoueri ; Nicholas Giannuzzi – The Giannuzzi Group LLP; Anthony Iuzzolino – The Giannuzzi Group LLP; Xavier Rosales – Corral Rosales Carmigniani Pérez; Edmundo Ramos Cárdenas – Corral Rosales Carmigniani Pérez; Luis Burgueño – Von Wobeser y Sierra SC; Luis Miguel Jiménez – Von Wobeser y Sierra SC; Rodolfo Trampe – Von Wobeser y Sierra SC; Bernardo Cárdenas – Dentons – Cárdenas & Cárdenas; Camilo Cortés – Dentons – Cárdenas & Cárdenas; Jaime Herrera – Posse Herrera Ruiz; Oscar Tutasaura – Posse Herrera Ruiz; Lina Prieto – Posse Herrera Ruiz; Natalia Martínez – Posse Herrera Ruiz; Manuela Escobar – Posse Herrera Ruiz; Sergio Michelsen Jaramillo – Brigard & Urrutia; José Andrés Romero – Brigard & Urrutia; Catalina Jaramillo Hernández – Brigard & Urrutia; Javier Robalino Orellana – Ferrere Attorneys; Martín Pallares Sevilla – Ferrere Attorneys; Martín Borja Espinosa – Ferrere Attorneys; Daniel Peré – Ferrere Attorneys; Paola Gachet – Ferrere Attorneys; Montserrat Sánchez – Ferrere Attorneys; Daniel Robalino Orellana – Ferrere Attorneys; Pedro José Hajj – Ferrere Attorneys; Rafael Puiggros – Philippi Prietocarrizosa Ferrero DU & Uría; Milagros Pastor Stumpf – Philippi Prietocarrizosa Ferrero DU & Uría; Iker Arriola – White & Case; Pedro Morales – White & Case; Rodrigo Avendaño – White & Case; Fernanda Solís-Cámara Díaz – White & Case; Ulises Michell Patiño Ortiz – White & Case; Bryan Luchs – White & Case; John Kim – White & Case; Jason Krause – White & Case; Chen Zhang – White & Case; Dan Latham – White & Case; Andy Chan – White & Case; Daren Orzechowski – White & Case; Christopher Hinman – White & Case; Rebecca Farrington – White & Case; Jacquelyn MacLennan – White & Case; Marc Israel – White & Case; Choi Li – White & Case; Sophie Sahlin – White & Case; Daniel Levin – White & Case; Micaela Glass – White & Case; Anneka Randhawa – White & Case; Victoria Rosamond – White & Case; Helen Levendi – White & Case;

Law Firms: Lacaz Martins Halembeck Pereira Neto Gurevich & Schoueri ; The Giannuzzi Group LLP; Corral Rosales Carmigniani Pérez; Von Wobeser y Sierra SC; Dentons – Cárdenas & Cárdenas; Posse Herrera Ruiz; Brigard & Urrutia; Ferrere Attorneys; Philippi Prietocarrizosa Ferrero DU & Uría; White & Case;

Clients: Nestlè; Terrafertil;

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Author: Ambrogio Visconti.