Munich, Germany \u2014 French private equity firm PAI Part\u00adners (\u201cPAI\u201d) has acqui\u00adred Savory Solu\u00adti\u00adons Group, a leading inter\u00adna\u00adtio\u00adnal provi\u00adder of flavor and func\u00adtional solu\u00adti\u00adons for the food sector. The seller was Inter\u00adna\u00adtio\u00adnal Flavors & Fragran\u00adces Inc. (\u201cIFF\u201d). The merger is still subject to the usual regu\u00adla\u00adtory appr\u00adovals. The closing of the tran\u00adsac\u00adtion is expec\u00adted to be comple\u00adted by the second quar\u00adter of 2023. POELLATH provi\u00added compre\u00adhen\u00adsive legal advice to the manage\u00adment of Savory Solu\u00adti\u00adons Group in connec\u00adtion with the sale.<\/p>\n
Savory Solu\u00adti\u00adons Group, parti\u00adcu\u00adlarly under the Wiberg and Piasa brands, offers a range of value-added savory ingre\u00addi\u00adents and blends. The solu\u00adti\u00adons are used by food manu\u00adfac\u00adtu\u00adr\u00aders, butchers as well as food\u00adser\u00advice opera\u00adtors to improve texture and taste and extend the shelf life of their products. The company opera\u00adtes 17 produc\u00adtion sites and nine inno\u00adva\u00adtion sites and employs over 1,800 people. Savory Solu\u00adti\u00adons Group serves more than 11,000 custo\u00admers in Europe, North America and Asia. The Group gene\u00adra\u00adtes sales of around 470 million euros.<\/p>\n
Toge\u00adther with PAI, Savory Solu\u00adti\u00adons Group will conti\u00adnue to acce\u00adle\u00adrate the busi\u00adness through inter\u00adna\u00adtio\u00adnal expan\u00adsion in Europe and North America, both orga\u00adni\u00adcally and through acqui\u00adsi\u00adti\u00adons, parti\u00adcu\u00adlarly in the attrac\u00adtive vege\u00adta\u00adble and clean label segments. \u2014 The acqui\u00adsi\u00adtion is subject to custo\u00admary regu\u00adla\u00adtory appr\u00adovals and is expec\u00adted to close by the second quar\u00adter of 2023.<\/p>\n
French private equity firm PAI Part\u00adners invests in market-leading compa\u00adnies around the world with a strong focus on the food and consu\u00admer goods industries.<\/p>\n
Advi\u00adsor Savory Solu\u00adti\u00adons Group: POELLATH, Munich<\/strong><\/p>\n Dr. Bene\u00addikt Hohaus (Part\u00adner, Manage\u00adment Investments) About PAI Partners Munich, Germany \u2014 French private equity firm PAI Part\u00adners (\u201cPAI\u201d) has acqui\u00adred Savory Solu\u00adti\u00adons Group, a leading inter\u00adna\u00adtio\u00adnal provi\u00adder of flavor and func\u00adtional solu\u00adti\u00adons for the food sector. The seller was Inter\u00adna\u00adtio\u00adnal Flavors & Fragran\u00adces Inc. (\u201cIFF\u201d). The merger is still subject to the usual regu\u00adla\u00adtory appr\u00adovals. The closing of the tran\u00adsac\u00adtion is expec\u00adted to [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":47413,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1368,1369,1372],"tags":[],"class_list":["post-47415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-consultants-auditors","category-investors","category-consultant"],"yoast_head":"\n
\nJan Lukas Jung\u00adclaus, LL.M. (Stel\u00adlen\u00adbosch) (Asso\u00adciate, Manage\u00adment Participations)
\nIda S\u00fc\u00df, LL.M. (UCLA) (Asso\u00adciate, Manage\u00adment Associates)<\/p>\n
\n<\/strong>
\nPAI Part\u00adners is a leading private equity firm inves\u00adt\u00ading in market-leading compa\u00adnies world\u00adwide. PAI Part\u00adners mana\u00adges \u20ac26.4 billion of buyout funds and has comple\u00adted 92 invest\u00adments in 11 count\u00adries since 1994 with a tran\u00adsac\u00adtion value of over \u20ac72 billion. PAI has built an outstan\u00adding track record of working with ambi\u00adtious manage\u00adment teams where unique perspec\u00adtive, unmat\u00adched indus\u00adtry expe\u00adri\u00adence and long-term vision enable compa\u00adnies to reach \u2014 and go beyond \u2014 their full poten\u00adtial. www.paipartners.com.<\/p>\n","protected":false},"excerpt":{"rendered":"