Bird & Bird Advises BRIDOR (Le Duff Group) on Major Acquisition of Spanish PANAMAR BAKERY
"Bird & Bird advised BRIDOR (Groupe Le Duff) on its acquisition of Spanish manufacturer and distributor PANAMAR BAKERY. Panamar, which exports over 1,200 SKUs to more than 20 countries under brands such as Panamar, Cobopa, Pacfren and Panusa, gives Bridor a stronger industrial and logistics footprint in the Iberian Peninsula and globally (operating in ~100 countries). The deal is the largest acquisition to date for Groupe Le Duff/Bridor and supports the group’s ambition to reach €3.5 billion in revenue across its bakery, prepared-food and restaurant businesses. Bird & Bird’s cross‑border team advised Bridor, which was also supported by EY (tax/structuring), Linklaters (regulatory) and Gibson Dunn (financing); Panamar was advised by Garrigues."