St. Paul has acquired the processed and grated cheese business located in Switzerland from Givaudan. The acquisition enhances St. Paul’s portfolio of products by adding analogue cheese, air-dried cheese amongst others and strengthens its position in the market with respect to cheese related products globally. Post-acquisition, the employees of the acquired business will have better opportunities working for St. Paul.
Loyens & Loeff acted as legal advisor to Givaudan. The team included Ewout J Stumphius (pictured), Jan-Willem van Rooij, Alizee Verboogen, Victor van Nuland, Yannick Geryszewski.
Banning Advocaten acted as legal advisor to St. Paul.