Transgourmet Ibérica acquires Moyà Saus
Niederer Kraft Frey advised Transgourmet Ibérica, a benchmark in hospitality distribution and supermarkets, on the acquisition of the distribution group Moyà Saus de Mallorca to boost Transgourmet Ibérica’s distribution to the hotel and catering industry and retail industry in the Balearic Islands.
Transgourmet is part of the Swiss Coop Group and active in Switzerland, Germany, France, Austria, Poland, Romania and Spain. With more than 30’000 employees, Transgourmet generates net sales of approximately CHF 11.6 billion.
The Coop Group operates in the retail as well as wholesale and production sectors. In the retail sector, Coop operates supermarkets and various specialist formats in Switzerland. In wholesale, the Coop Group operates through Transgourmet. With more than 95’000 employees, Coop generates net sales of approximately CHF 34.6 billion.
The completion of the transaction is subject to approval by Spain’s National Authority for Markets and Competition (CNMC).
The NKF team was led by Corporate/M&A partner Moritz Maurer, working with associate Alexandra Neuenschwander (Corporate/M&A).