Alfesca becomes Labeyrie with €285m takeover debt
BNP Paribas, Crédit Agricole, Crédit Mutuel, HSBC, Natixis and Société Générale have underwritten €285m of senior loans to back the takeover of Icelandic seafood group Alfesca by Lur Berri and LBO France.
Mezzanine facilities totalling €50m also backed the deal for Alfesca, which will change its name to Labeyrie Fine Foods.
French food cooperative Lur Berri has increased its equity stake in Labeyrie Fine Foods from 49.9% to 62.9%, while private equity firm LBO France has acquired a third of the
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.