LPA-CGR avocats advised Frigoscandia AB (Mutares Portfolio) on the sale of its French subsidiary to Olano Services SAS

Paris, 15 June 2022

LPA-CGR avocats advised Frigoscandia AB (Mutares Portfolio) on the sale of its French subsidiary to Olano Services SAS

Frigoscandia AB (Mutares Portfolio), a Swedish operator of transport and terminal services in the field of food-logistics and since December 2021 a 100% holding of Mutares SE & Co. KGaA (ISIN: DE000A2NB650), has completed the sale of its French subsidiary Frigoscandia SAS to the French logistics group Olano Services SAS.

Figoscandia SAS, based in Boulogne-Sur-Mer, focuses primarily on the domestic transport of temperature-controlled goods and specializes mainly in the seafood segment. Its logistics platform mainly consists of its own fleet of about 50 vehicles, a terminal and approximately 70 employees.

Frigoscandia’s focus going forward is now on growing and strengthening its position in the Nordic region as their home market, while refining its international network primarily through external partners.

LPA-CGR’s Team was led by Partner Michael Samol and included Associate Clémence Cartade (both Corporate M&A), Partner Sandra Hundsdörfer (Employment Law) and François Versini-Campinchi (Public Law).

Mutares in-house: Angélique Schraud (Legal) and Denis Ahluwalia (Tax).

To read Mutares’s press release, please click here