Unilever - Sale of Italian frozen foods business

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Slaughter and May, working as an integrated team with Bonelli Erede Pappalardo, is advising Unilever, one of the world’s leading suppliers of fast moving consumer goods, on the proposed sale of its Italian frozen foods business, Findus to a company in which Birds Eye Iglo has a significant stake for EUR 805 million.

The transaction, which was announced on 19 July 2010, includes the sale of the Italian Findus business, comprising the following leading brands: 4 Salti in Padella; Sofficini; Captain Findus; and That’s Amore, and a dedicated factory in Cisterna, Italy.

Slaughter and May: Corporate: Gary Eaborn (partner), Sally Wokes (associate), Robert Johal (associate); IP/IT: Cathy Connolly (partner), Laura Hillier (associate); Pensions and Employment: Charles Cameron (partner), Katy Band (associate); Tax: Sara Luder (partner), Thomas Jarvis (associate); Competition: Michael Rowe (partner), Louis Eggar (associate); Commercial Real Estate: David Waterfield (partner), Daniel Marriott (associate)

Bonelli Erede Pappalardo: Corporate: Alessandra Piersimoni (partner), Augusto Praloran (associate), Maurizio Pinto (associate), Alessio Bottan (associate); Pensions and Employment: Antonella Negri (partner), Luca De Menech (associate); Tax: Riccardo Ubaldini (associate), Lucia Lancellotti (associate); IP/IT: Giovanni Guglielmetti (partner); Competition: Claudio Tesauro (partner), Sara Lembo (associate)