Spain
Clairfield advises Socotec on its acquisition of BAC Engineering Consultancy Group
The transaction was carried out through an acquisition of 90% of the shares of BAC. The remaining 10% is in the hands of six BAC executives, who will remain at the firm. Joan Franco, founder and until now president, will leave BAC. BAC, based in Barcelona, closed last year with a turnover of EUR 21 …
Clairfield advises Coop/Transgourmet in the acquisition of GM Foods from the Chinese group bright food for EUR 200 million
Bright Food International of Shanghai, China is listed on the Shanghai stock exchange and JIC Investment is a Chinese state-controlled entity. The transaction concludes a successful five-year ownership by the Chinese, having transformed GM Foods from a EUR 890 million revenue company in 2015 to around EUR 1.2 billion in 2020. GM Foods was founded …