Osborne Clarke advises GBfoods on the sale of Butterfly and La Ferme d'Anchin to La Linea Verde

International legal practice Osborne Clarke has advised GBfoods, a major multinational food company headquartered in Spain, on the sale of two of its subsidiaries – Butterfly (Belgium) and La Ferme d'Anchin (France) – to La Linea Verde, an Italian fresh-cut food producer.

Butterfly is the leading fresh soup brand in Belgium, and La Ferme d'Anchin holds the equivalent market-leading position in France. Both brands are characterised by a premium positioning centred on product quality and freshness, and both benefit from established distribution networks with a presence across all major retail operators in their respective markets.

The buyer, La Linea Verde, is an Italian family-owned business, operating in Italy and France, that produces and distributes fresh-cut products. 

The Osborne Clarke team that advised GB Foods was led by Partners David Haex (Corporate, Belgium) and Catherine Olive (Corporate, France), and included Bernd De Marrez, Shahine Kalantari, Redouan Lakhal and Gaëtan Cnops in Belgium and Julie Dahan, Manon Gales, Charles Boursican, Leslie Guei, Noémie Gondy, Jérôme Scapoli, Margaux Remoissenet and Alix Taverne inFrance.