DLA Piper has advised a syndicate of lending institutions on the financing transaction granted to the Seville-based company Persán, S.A. for the acquisition of Mibelle from Migros.
With this acquisition, Persán reaches another milestone in its expansion plan, now managing more than 3,000 employees in total. Mibelle Group operates in Switzerland, France, the United Kingdom, and the United States.
The Finance team at DLA Piper was led by partner César Herrero, with the support of Carmen Sánchez (Counsel), Felipe López (Senior Associate), and Santiago González (Associate). The firm collaborated with Swiss law firm SW Legal on local matters related to the transaction, with the involvement of partner Anita Schläpfer, Counsel Fabio Elsener, and Associate Yves Ammann.
In the words of César Herrero: “We are very proud to contribute to Persán’s expansion as one of the world’s leading manufacturers and marketers of personal and home care products.”
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