Cuatrecasas, Gonçalves Pereira advised the German chemical group Evonik Industries on buying Norel’s probiotics business. The transaction includes the product portfolio and the manufacturing site in Onzonilla (León).

A multidisciplinary team was involved in the transaction, formed by partner Kai Christian Fischer and associates María Batalla and Jessel A. Contreras (Corporate and Commercial), partner Juan Carlos Hernanz and associate José Luis García (Town Planning and Regulatory Law), partner Andreas Trost and associate Eva Nieto (Finance and Tax), associates Gregor Erlebach and Alex Álvarez (Labor and Employment) and associates Jean-Yves Teindas and Daniel Urbán (Intellectual Property).

Evonik Industries is a globally operating German group in the chemical industry and is listed on the Frankfurt stock exchange.