Clifford Chance advised Mitsui in its Investment in Italian Food Business Euricom
Clifford Chance, a leading international law firm, played a pivotal role in advising Mitsui & Co., Ltd. on its JPY20
Clifford Chance advised Mitsui in its Investment in Italian Food Business Euricom
Clifford Chance, a leading international law firm, played a pivotal role in advising Mitsui & Co., Ltd. on its JPY20 billion acquisition of a partial stake in the Italian food business Euricom S.p.A.
Natsuko Sugihara, the lead partner, expressed great satisfaction in providing advisory services to Mitsui, a valued and long-standing client, during this significant transaction. Sugihara stated that the acquisition aligns with Mitsui's strategic focus on the crop business and its commitment to ensuring a sustainable food supply for the future. Sugihara further highlighted the ongoing trend of Japanese corporates making strategic outbound investments in these critical sectors.
Sugihara received support from a dedicated team of lawyers spanning multiple jurisdictions, including Tokyo, Milan, Rome, and Warsaw.
In Tokyo, the team comprised senior associates Shunsuke Nagae and Yuki Hoshinaga, as well as associate Masato Fujinaka. Additionally, counsel Masafumi Shikakura provided expert guidance specifically on the antitrust aspects of the transaction.
In Italy, the team involved partner Umberto Penco Salvi, senior associate Elisa Ielpo, lawyer Shirin Niazi, and trainee lawyer Francesco Straface. Additionally, partner Luciano Di Via, senior associates Johannes Lüer and Antonio Mirabile, along with trainee lawyer Luca Borin, provided their expertise on the antitrust aspects of the transaction.
The team in Warsaw, specialising in Polish law, consisted of partner Wojciech Polz, counsel Karol Kulhawik, and senior associate Aleksandra Właszczuk.
Euricom holds a prominent position as one of Europe's largest producers and suppliers of rice, processed rice products, pulses, and other related items. In a previous transaction, Mitsui invested in Rol-Ryż, a Polish subsidiary of Euricom, in 2022. Clifford Chance provided advisory services for this particular transaction as well.