Slaughter and May is advising Nexture, an independently managed investment company affiliated to Investindustrial, on the acquisition of Frulact, a leading global manufacturer of fruit-based speciality ingredients, liquid flavours and plant-based ingredients, from funds advised by Ardian.
Nexture is a global integrated group specializing in the development and manufacturing of high-quality food ingredients and value-added solutions. The acquisition strengthens Nexture’s capabilities in developing and innovating fruit-based preparations and value-added solutions, and broadens its global reach to North America and Africa. Following the acquisition, the group would have estimated revenues of c.€1.1bn, 24 factories worldwide and 2,700 employees.
Completion of the acquisition is subject to customary regulatory approvals in a number of jurisdictions and is expected to take place in Q1 2026.
Slaughter and May is working on the acquisition with an integrated team including Uría Menéndez, Hengeler Mueller, Bredin Prat, Cornet Vincent Ségurel, Hughes Hubbard & Reed, Bär & Karrer, Bennani & Associés, Blakes Cassels & Graydon, Bowmans, and Chiomenti.
Lena Bligh / Trainee, Hardy Hewson / Trainee