Arendt & Medernach has successfully advised Apheon, a leading pan-European investment firm, on the Luxembourg legal aspects of its recent acquisition of a majority stake in Cain Food Industries, Inc., a U.S.-based leader in the blending and distribution of clean label ingredients for the baking industry.
Experts involved in the Deal
Corporate Law, Mergers & Acquisitions
- Alexander Olliges
- Fouzia Benyahia
- Valentina d'Eufemia
- Tania Tossa
- Abdel Charguia
Finance & Capital Markets
- Grégory Minne
- Cristina De La Puente
Millbo S.r.l., an Italian company active in the natural ingredients sector for baked goods and part of private equity fund Apheon's portfolio, has acquired a majority stake in Cain Food Industries, Inc., a U.S.-based leader in the blending and distribution of clean label ingredients for the baking industry.
Cain Food Industries, headquartered in the United States, has a long-standing track record in supplying innovative and functional ingredients to industrial bakery manufacturers. This transaction represents a strategic step for both Millbo and Apheon in strengthening their international presence, particularly in the North American market.
As part of the closing, the sellers have reinvested in the Luxembourg-based holding company that controls Millbo S.r.l., thus joining Millbo and Apheon in the group's ownership structure. Furthermore, Cain Food Industries' management team will continue to lead the company's operations post-closing, ensuring managerial and operational continuity.
Arendt & Medernach served as legal advisor for Luxembourg legal aspects related to the sellers' reinvestment.
Corporate matters were handled by the team composed of partners Alexander Olliges and Fouzia Benyahia, counsel Valentina d'Eufemia, supervising associate Tania Tossa and associate Abdel Charguia. Finance matters were handled by the team composed of partner Grégory Minne and supervising associate Cristina De La Puente.