Shearman & Sterling advises Bayerische Landesbank on Financing of Acquisition of Cloetta Italia by Katjes Group
Shearman & Sterling advised Bayerische Landesbank on the financing of the acquisition of the branded business of Cloetta Italia by Katjes International. In addition to partially financing the acquisition, the financing serves to cover working capital requirements.
Katjes International is the international holding company of Katjes group. Katjes International pursues a buy and hold approach and acquires companies with established brands in the Western European confectionery market.