Peruvian affiliate of Empresas Carozzi, Molitalia, has acquired 100% of the shares of Corporación TDN. The $35.5m deal took place May 31st.
Corporación TDN is a leading company in the Peruvian pastry industry. It has been in operation for more than 40 years and owns the Todinno, Pasqualino and Puro Amor brands.
This acquisition is the latest step in Empresas Carozzi’s international expansion plan, which allow the company to broaden its presence in the Peruvian food market and develop new products through its affiliate, Molitalia.
Counsel to Molitalia and Empresas Carozzi in Chile: Guerrero Olivos, led by partner Jorge Delpiano, assisted by associate Sebastián Marambio
Counsel to Molitalia in Perú Rebaza: Alcázar & De Las Casas led by partner Felipe Boisset, assisted by associate María Fernanda Gadea.
Counsel to Corporación TDN S.A.C.: Estudio Muñiz, with a team led by partners Mauricio Olaya and Juan Carlos Vélez, assisted by associate Rolando Wilson