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Allen & Overy advises PAI Partners on the financing of its acquisition of the Savory Solutions Group

A&O has advised PAI Partners (PAI) on the financing of the acquisition of Savory Solutions Group from IFF (NYSE:IFF).

A leading international provider of taste and functional solutions for the food sector, Savory Solutions Group provides a range of savoury ingredients and blends which are used by food manufacturers, butchers and food service players to improve texture and taste as well as extend the shelf life of their products.

The acquisition will support the international expansion of the Savory Solutions Group and further underlines PAI’s expertise in the Food & Consumer sector.

The team was led in London by partner Adam Zecharia and supported by senior associate Dhruv Mairal, associates Alexander George, Harry Rouse and Ramone Bedi and trainee solicitor Alexander Brown. The team in Luxembourg was led by partner Henri Wagner and supported by senior associate Lukas Vondrich and juriste David Micheli.