On October 28, 2020, Madrid-based Ebro Group (“Ebro Foods”) announced its agreement to sell its ‘Catelli’ dry pasta business in Canada to the Barilla Group, an Italian food product company, for CA $165 million. The sale was conducted through its indirectly owned Canadian subsidiary Catelli Foods Corporation (“Catelli Foods”), and comprises the Catelli®, Lancia® and Splendor® brands as well as a plant facility in Montreal, Quebec.
Catelli Foods is a leading Canadian pasta business company.
Miller Thomson acted as Canadian counsel to Ebro Foods with a team led by Robert Stewart (Corporate/M&A), and including Eric Dufour and Reema Mahubani (Competition); Adam Bata and Desmond Christy (Corporate/M&A): Manjit Singh, Colleen Ma, and Amina Boudiffa (Tax); Michelle MacGillivray, Zeinab Yousif, Claudia Desjardins Bélisle, and Audrey Boiteau (Labour & Employment); Karen Durell (IP); Steven Chaimberg and Jessica Penley (Real Estate); Tamara Farber, Adina Georgescu and Alexandre MacBeth (Environmental); and Kim Ozubko (Pensions & Benefits).
