Cuatrecasas advised Piensos Costa, S.A., on acquiring an 80% stake in Erm del Pallars Productions, S.L., a company that markets beer made with olives.
Piensos Costa—Europe’s third largest livestock business—is part of the Costa Group, which operates in the food and agriculture sector through the meat-producing holding company, Costa Food Group. This transaction will enable the Costa Group to diversify in the beverages industry, as it already owns the Bodega Sommos winery in the Somontano region (Huesca), which is affiliated with the Spanish D.O. system (certified origin of products).
The team advising on the transaction was made up of Cuatrecasas lawyers Antonio García Lapuente and Ignacio Liria.