PRK Partners has advised Euroserum on the sale of its international operations to the Czech Republic-based Eligo. Kocian Solc Balastik reportedly advised Eligo.
Euroserum, which is fully-owned by French dairy cooperative Sodiaal, is specialized in whey and milk drying and processing with applications in infant formula and food processing. The company operates nine facilities in France and, until August 2020, one in the Czech Republic. According to PRK Partners, Euroserum has decided to sell that latter facility “to simplify its industrial footprint and to focus on high value-added nutritional ingredients.”
Eligo also engages in the drying & processing of dairy products.
The PRK Partners team included Partner Veit Francois and Senior Counsel Marta Donizeau.