ADVANT Altana advises Electrolux Professional on the acquisition of Adventys

ADVANT Altana has advised Nasdaq Stockholm listed Electrolux Professional on its acquisition of Adventys, a French manufacturer of induction cooking solutions.

Electrolux Professional, one of the leading global providers of food service, beverage, and laundry for professional users, has just completed the acquisition of Adventys, specializing in induction cooking equipment.

Adventys, founded in 1999, designs and produces induction cooking equipment, and has approximately 40 employees, whereof several in R&D, and is based with one factory in Seurre, France.

ADVANT Nctm has been advising Electrolux Professional for several years on its M&A transactions in Italy and the success of this cross-border transaction is the result of the excellence, cooperation, and complementarity of the ADVANT teams.

Legal counsels on this transaction:

• Electrolux Professional was advised by ADVANT Altana, with a team led by Fabien Pouchot (M&A Partner) and composed of Théodore Sabot and Olivier Carmès (M&A Associates), Jean-Guy de Ruffray (IP/IT Partner), Etienne Nicolet (IP/IT Associate), Mickaël d’Allende (Labor Law Partner), Dany Luu (Labor Law Associate);
• Adventys was advised by Joffe & Associés, with a team led by Christophe Joffe (M&A Partner), Océane Christmann (M&A Counsel) and Rémi Rodriguez (M&A Associate).