Viguié Schmidt & Associés (VSA) is advising Orsero S.p.A., alongside the Italian law firm Gatti Pavesi Bianchi Ludovici, on the acquisition by Orsero S.p.A. of 80% of the capital of Blampin SAS.
Orsero S.p.A., listed in Italy on the Euronext Star Milan segment and holding company of the Italian group of the same name, one of the leaders in Mediterranean Europe in the import and distribution of fresh fruit and vegetables, has acquired on 10 January 2023 an 80% stake on a fully diluted basis in the holding company of the French group Blampin, the leading operator in France in the wholesale markets with 12 sales platforms.
This acquisition, together with Orsero’s acquisition of 100% of the capital of Capexo on the same date, allows the group to reach similar dimensions on the French market as on the Italian market, with an estimated total turnover of approximately €450 million, a significant coverage on all distribution channels and a commercial footprint focused on high margin products.
Members of the VSA team in this transaction:
David Scemla, partner, Tanguy Grimald and Chloé de Grieck, in corporate
Christel Alberti, partner, and Maxence Dubois, in tax
Virginie Viallard, partner, and Mélissa Merle, on merger control and foreign investments in France.
Finally, VSA advised Orsero on the acquisition of Capexo, for the purpose of obtaining antitrust and Bercy authorisations for foreign investments in France, with Virginie Viallard, partner, and Mélissa Merle.