Bernitsas Law has advised CVC Capital Partners on the acquisition by Venetiko Holdings SMSA, a Greek company that is 100% owned by funds managed or advised by CVC, of an approximately 99.47% stake in Vivartia Holdings from the Marfin Investment Group and Piraeus Bank, as well as on the financial restructuring of Vivartia’s group bank debt.
According to Bernitsas, the deal closed on March 30, 2021.
CVC is a private equity fund with more than USD 117.8 billion in assets under management, USD 161.9 billion committed, and a global network of 23 offices across Europe, the Americas, and the Asia Pacific region.
Vivartia is an Athens-based producer of dairy products, drinks, frozen foods, food service, and entertainment industries.
Bernitsas Law’s team included Partners Nikos Papachristopoulos, Athanasia Tsene, and Marina Androulakakis, and Senior Associates Sofia Kontou and Christina Zakopoulou.