Snellman acted as counsel to Paulig Ltd and its wholly-owned subsidiary Santa Maria AB, in the divestment of the Risenta brand and associated business, to the Swedish consumer goods company Midsona AB (publ). The divestment is part of Paulig’s strategy to sharpen its focus on the categories World Foods and Tex Mex in order to drive the company’s long-term growth.

The transaction is subject to approval from the Swedish Inspectorate for Strategic Products.

Snellman’s core advisory team included Claes Kjellberg, Alexander Lindqvist and Ulrika Wigart.