Dentons has advised the sole owner of I.D.C. Holding Pavol Jakubec on the sale of the company to Valeo Foods. A&O Shearman advised Valeo Foods.
The transaction remains contingent on regulatory approval.
Ireland-based Valeo Foods is a portfolio company of the American private equity house Bain Capital.
According to Dentons, I.D.C. Holding is a manufacturer of sweets in Slovakia with an annual turnover of almost EUR 200 million. "The portfolio includes traditional and iconic brands such as Horalky, Mila, Lina, Kavenky, Goralki, Moments, Verbena, and many others. The group employs more than 1,150 people across three production sites located in Slovakia and three subsidiaries in Czech, Hungary, and Poland."
The Dentons team included Partner Juraj Gyarfas and Senior Associates Drahomir Siroky and Tomas Pavelka.
The A&O Shearman team included Partners Martin Magal and Marta Sendrowicz, Counsel Tomas Bury, Senior Associates Michaela Nemethova, Petra Dzubakova, Ivana Halamova Dobiskova, and Aleksander Braksator, and Associate Marek Bojkovsky.
