Leading international law firm Clifford Chance has advised Mitsui & Co., Ltd. on its JPY20 billion acquisition of a partial stake in Italian food business Euricom S.p.A.
Lead partner Natsuko Sugihara said, “We are delighted to advise our longstanding client Mitsui on this important transaction in line with Mitsui’s focus on crop business and securing sustainable food supply for the future. We are continuing to see strategic outbound investments by Japanese corporates in these key sectors.”
Natsuko was supported by a cross-border team of lawyers in Tokyo, Milan, Rome and Warsaw.
In Tokyo, the team included senior associates Shunsuke Nagae and Yuki Hoshinaga, and associate Masato Fujinaka, with counsel Masafumi Shikakura advising on the antitrust aspects of the transaction.
The Italy team comprised partner Umberto Penco Salvi, senior associate Elisa Ielpo, lawyer Shirin Niazi and trainee lawyer Francesco Straface, with partner Luciano Di Via, senior associates Johannes Lüer and Antonio Mirabile, and trainee lawyer Luca Borin advising on the antitrust aspects of the transaction.
Partner Wojciech Polz, counsel Karol Kulhawik and senior associate Aleksandra Właszczuk in Warsaw advised on Polish law.
Euricom is one of Europe’s biggest producers and suppliers of rice, processed rice products, pulses and other products. In 2022, Mitsui invested in Rol-Ryż, a Polish subsidiary of Euricom, a transaction which Clifford Chance also advised on.
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