DANONE-Schreiber deal finalized

On 31 January 2014, the transfer of DANONE Bulgaria’s production business to Schreiber Foods Bulgaria was officially finalized. The M&A and Real Estate teams of K&P served as the local partner of DLA Piper and advised throughout the Bulgarian part of the sale. The products of the French group in Bulgaria, as well as in Portugal and the Czech Republic, will now be produced by the American company, while DANONE will continue to distribute them.