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BCLP alongside Crédit Agricole in the financing of the FIPSO group's acquisition of Maïsadour's meat processing business
Jun 03, 2021Bryan Cave Leighton Paisner (BCLP) advised Crédit Agricole on the financing of the acquisition by the Fipso group of the dry-cured meat business of the cooperative Maïsadour (MVVH group).
The Fipso group (Filière Porc du Sud-Ouest), founded in 1965, is the leader in the pork industry in the South-West of France. This acquisition from the cooperative Maïsadour (MVVH group) based in les Landes which includes Delpeyrat-Chevallier, Salaisons Pyrénéennes and Haraguy-Jambon de Bayonne, is part of Fipso’s growth strategy.
This acquisition was financed by a senior loan granted by a banking pool made up of four Crédit Agricole regional banks, namely Crédit Agricole Mutuel Pyrénées Gascogne, Crédit Agricole Mutuel d'Aquitaine, Crédit Agricole Mutuel de Centre France and Crédit Agricole Mutuel Nord Midi-Pyrénées.
Bryan Cave Leighton Paisner's team of Olivier Borenstejn, Partner, and Gwenaël Fassot, Associate, acted on behalf of the banking pool in the financing of the transaction.
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