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Allen & Overy advises on the sale of Agras Delic S.p.A.

The firm has advised Piemme Holding in the deal.

Allen & Overy has advised Piemme Holding S.r.l. on the sale of a minority stake in Agras Delic S.p.A., an Italian company based in Genoa operating in the high quality pet food sector, to Whitebridge Pet Brands, LLC, a US-based leader in natural and minimally processed pet foods, complements, treats and supplements, and a portfolio company of NXMH, a Belgium-based family-owned investment firm.

The Allen & Overy team was led by Italy Corporate partner Paolo Ghiglione, with support from associate Davide Biasotti, in coordination with the financial advisor Corus Corporate Finance S.p.A..