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Banning advised St Paul on the acquisition of Givaudan/Vika's processed and analogue, grated and air-dried cheese business

Cliënte: St. Paul Advocaat: mr. G.C. (Gaby) Heere, mr. L.I.M. (Lukas) Suijkerbuijk Transactiedatum: 12/05/2020

Banning Lawyers recently oversaw the acquisition in which St. Paul acquired Givaudan/Vika's processed cheese, grated cheese and air dried cheese operations. This transaction represents a successful expansion of St. Paul's business in the ready meals, snacks and other food segments. This acquisition enables St. Paul to offer a wider range of grated cheese and air dried cheese products.

St. Paul Group is a medium-sized family business and the organisation is a leading supplier of cheese, analogue and vegan solutions to the food industry. St. Paul has a strong position in Europe, but is also seeing its sales volumes grow significantly in other parts of the world. The combination of St. Paul's existing and former Givaudan/Vika operations strengthens St. Paul's position as a leading player in cheese concepts, with a large product offering in cheese, analogue and vegan alternatives for a wide range of buyers in the food industry.