Acquisition of majority shares by Eurofins Food Testing Lux Holding in The Superintendence and Inspection of Coffee and Products for Export and Import Joint Stock Company
Allen & Gledhill, as transaction counsel, advised Eurofins Food Testing Lux Holding (“Eurofins”), a wholly-owned subsidiary of Eurofins Assurance Lux Holding SARL, on the acquisition of 1,139,314 ordinary shares in The Superintendence and Inspection of Coffee and Products for Export and Import Joint Stock Company (“Cafecontrol”). In addition, Eurofins will enter into an option agreement in which it will be entitled to acquire additional shares from the sellers in Cafecontrol (collectively, “Transaction”).
Following completion of the Transaction, Eurofins will hold at least 67% and up to 95% of the total ordinary shares in Cafecontrol. Cafecontrol is one of leading companies in testing and support service industry in Vietnam.
Advising Eurofins was Allen & Gledhill (Vietnam) Partner Tran Ngoc Hoang Phuong.
