Idilia Foods SL, the Spain based distributor of hot chocolate, milk shakes and afternoon/breakfast snacks has agreed to acquire 50% of Cacaolat SL, the Spain based producer of milk shakes, cream, cheese, juices, orgeat, cookies and yogurts, from Damm SA, the local brewery company engaged in the production and sales of beer, soft drinks and mineral water under different brands.
The terms of the deal were undisclosed.
Advised in the sale of
Cacaolat SL (50%)
to