White & Case Advises Nestlé Italiana S.p.A. on Its Sale of a Business Unit to Pastificio Rana S.p.A.
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Global law firm White & Case has advised Nestlé Italiana, the Italian subsidiary of Nestlé, on its sale of a business unit dedicated to the production of stuffed pasta and sauces operating under the Buitoni brand and located in Italy (Cuneo) to Pastificio Rana S.p.A.
Nestlé is the world's largest food and beverage company, with more than 2000 brands ranging from global icons to local favourites, and located in 191 countries around the world.
In the context of the sale of the business unit, Nestlé Italiana and Pastificio Rana have also reached a commercial agreement based on which Pastificio Rana will produce and distribute Buitoni's chilled pasta and sauces for Nestlé Italiana throughout Europe, Middle East & North Africa, with the exception of Italy and Spain, where those products will continue to be distributed directly by Nestlé Italiana.
The White & Case team which advised on the transaction was led by partners Leonardo Graffi and Ferigo Foscari together with associates Sara Scapin and Mariasole Maschio (all Milan). White & Case also advised both Nestlé Italiana and Pastificio Rana as joint antitrust counsel with a team led by partner Veronica Pinotti and associate Martino Sforza (all Milan).
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