The international law firm Addleshaw Goddard has advised MCH Private Equity on the structuring and tax aspects of the new continuation fund launched by the manager to extend its investment in Europastry, Spain’s leading frozen dough company.

The new vehicle, led by Ares Management and also involving the European Investment Fund (EIF) and Newbury Bridgepoint, will allow MCH to continue its presence in Europastry, where it has been a shareholder since 2011. Between the first continuation fund and the new vehicle, MCH’s total investment in Europastry amounts to €300 million.

Addleshaw Goddard’s advisory work was led by María de Orueta, Partner in Funds, with support from Senior Associate Gonzalo Lozano, while the tax advisory was provided by Partner Alberto Ruano alongside Senior Associate Cristina Galán.

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