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                        <span class="heading"><span class="filter-text">Filter by </span>[<a href="#" class="clear-filter">Clear</a>]</span>
                        <form action="?" class="filter" method="GET">
                            <div class="styled-select">
                                <select name="sec">
        <option value="" selected>Sector</option>
                        <option
                                        value="40">
                Automotive
            </option>
                                <option
                                        value="41">
                Business Services
            </option>
                                <option
                                        value="42">
                Consumer
            </option>
                                <option
                                        value="43">
                Energy &amp; Utilities
            </option>
                                <option
                                        value="44">
                Financial Services
            </option>
                                <option
                     selected
                                        value="45">
                Food &amp; Beverage
            </option>
                                <option
                                        value="46">
                Healthcare
            </option>
                                <option
                                        value="47">
                Industrials &amp; Chemicals
            </option>
                                <option
                                        value="48">
                Real Estate
            </option>
                                <option
                                        value="49">
                TMT
            </option>
            </select>
                            </div>
                            <div class="styled-select">
                                <select name="ser">
    <option value="" selected>Service</option>
                                                                <option
                                value="52" data-hiddenTo="sweden">
                Debt Advisory
            </option>
                                                            <option
                                value="50" data-hiddenTo="">
                M&amp;A
            </option>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            <option
                                value="54" data-hiddenTo="denmark, sweden">
                Management Advisory
            </option>
                                                                                                    <option
                                value="53" data-hiddenTo="denmark, sweden">
                Private Equity
            </option>
                        </select>
                            </div>
                            <div class="styled-select">
                                <select name="country">

    
    <option value="international" selected>International</option>

                            china
            <option value="china">China</option>
                                denmark
            <option value="denmark">Denmark</option>
                                france
            <option value="france">France</option>
                                germany
            <option value="germany">Germany</option>
                                ireland
            <option value="ireland">Ireland</option>
                                italy
            <option value="italy">Italy</option>
                                netherlands
            <option value="netherlands">Netherlands</option>
                                portugal
            <option value="portugal">Portugal</option>
                                spain
            <option value="spain">Spain</option>
                                sweden
            <option value="sweden">Sweden</option>
                                united-kingdom
            <option value="united-kingdom">UK</option>
            </select>
                            </div>
                            <div class="cross-border">
                                <label>Cross-border <input type="checkbox" name="cb"  /></label>
                            </div>
                            <button type="submit">Search</button>
                        </form>
                    </div>
                    <div class="filter-search">
                        <span class="heading">Search</span>
                        <form class="search" action="?">
                            <input type="hidden" name="country" value="international" />
                            <input type="search" name="q"  placeholder="Enter company name" />
                            <button type="submit">Submit</button>
                        </form>
                    </div>
                </div>
            </div>
        </div>
    </section>

        <section class="transactions main">
        <div class="contain">
                            
                
                                    <h3>
                        Transactions found for:
                                                Food &amp; Beverage                    </h3>
                                
            <div class="transaction-slide-rail">
                                    <ul class="transaction-list">
                                                                                    
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Portugal" class="flag-portugal"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/PCF.png" title="Panificadora Costa &amp; Ferreira" alt="Image of Panificadora Costa &amp; Ferreira Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Touriga-Capital-Partners.png" title="Tagus Bread" alt="Image of Tagus Bread Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/rui-miranda">Rui Miranda</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/duarte-vaz">Duarte Vaz</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/sofia-xavier">Sofia Xavier</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Panificadora Costa &amp; Ferreira on its sale to Touriga</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-panificadora-costa-ferreira-on-its-sale-to-tagus-bread">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Majority-shareholder-of-Ligabue.png" title="Majority shareholder" alt="Image of Majority shareholder Company Logo"/>
                            </div>
            <div class="action">raised new finance from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Anthilia-Capital-Partners.png" title="Anthilia Capital Partners" alt="Image of Anthilia Capital Partners Company Logo"/>
                            </div>
            <div class="action">to support the acquisition of the remaining stake in</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Ligabue-SpA.png" title="Ligabue SpA" alt="Image of Ligabue SpA Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Debt Advisory</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/niccolo-querci">Niccolò Querci</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/michele-castiglioni">Michele Castiglioni</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/matteo-eusebio">Matteo Eusebio</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to the majority shareholder on raising new finance to support the acquisition of the remaining stake in Ligabue SpA</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-majority-shareholder-on-raising-new-finance-to-support-the-acquisition-of-the-remaining-stake-in-ligabue-spa">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Germany" class="flag-germany"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Konrad-Böhnlein.png" title="Konrad Böhnlein GmbH &amp; Co. KG" alt="Image of Konrad Böhnlein GmbH &amp; Co. KG Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/E3-Holding.png" title="E3 Holding AG" alt="Image of E3 Holding AG Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/axel-oltmann">Axel Oltmann</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/mergim-tashefci">Mergim Tashefci</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/kevin-meiser">Kevin Meiser</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Konrad Böhnlein on its sale to E3 Holding</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-shareholders-of-konrad-böhnlein-on-its-sale-to-e3-holding">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Monviso-Group-s.r.l.png" title="Monviso Group" alt="Image of Monviso Group Company Logo"/>
                            </div>
            <div class="action">raised new finance guaranteed by</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/SACE.png" title="Sace" alt="Image of Sace Company Logo"/>
                            </div>
            <div class="action">and provided by</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/BNL-BNP-Paribas-Crédit-Agricole_uv.png" title="Crédit Agricole and BNL-BNP Paribas" alt="Image of Crédit Agricole and BNL-BNP Paribas Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Debt Advisory</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/michele-castiglioni">Michele Castiglioni</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/matteo-eusebio">Matteo Eusebio</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Monviso Group on raising new finance</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-monviso-group-on-raising-new-finance">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Groupe-Chervillon.png" title="Groupe Chervillon" alt="Image of Groupe Chervillon Company Logo"/>
                            </div>
            <div class="action">acquired</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Groupe-Arcado.png" title="Groupe Arcado" alt="Image of Groupe Arcado Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/philippe-guezenec">Philippe Guézenec</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/laurence-de-rosamel">Laurence de Rosamel</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/benoit-voyer">Benoit Voyer</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/guillaume-fenni">Guillaume Fenni</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/axel-remy">Axel Remy</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/ariane-guillaume">Ariane Guillaume</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/anatole-borde">Anatole Borde</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser of Groupe Chevrillon on the acquisition of Arcado</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-groupe-chevrillon-on-the-acquisition-of-a-majority-stake-in-groupe-arcado">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Abénex_cropped.png" title="Abénex" alt="Image of Abénex Company Logo"/>
                            </div>
            <div class="action">acquired a minority stake in</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Corrado-Di-Marco-S.r.l_cropped.png" title="Di Marco" alt="Image of Di Marco Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/philippe-guezenec">Philippe Guézenec</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Abénex on the acquisition of a minority stake in Di Marco</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-abénex-on-the-acquisition-of-a-minority-stake-in-di-marco">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Soframa-logo.png" title="Soframa" alt="Image of Soframa Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Even.png" title="Even Group" alt="Image of Even Group Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/alexandre-forget">Alexandre Forget</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/jérémy-zeller">Jérémy Zeller</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to the shareholders of Soframa on its sale to Even Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-shareholders-of-soframa-on-its-sale-to-even-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Ireland" class="flag-ireland"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/DMC.png" title="Dubin Meat Company (DMC)" alt="Image of Dubin Meat Company (DMC) Company Logo"/>
                            </div>
            <div class="action">raised investment from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/122456/BGF-2022.png" title="BGF" alt="Image of BGF Company Logo"/>
                            </div>
            <div class="action">to support the acquisition of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/swift-fine-goods.png" title="Swift" alt="Image of Swift Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Acquisition finance</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/john-curtin">John Curtin</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/john-sheridan">John Sheridan</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/daniel-lavelle">Daniel Lavelle</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Advisor to DMC on its investment from BGF and its simultaneous acquisition of Swift Fine Foods</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-dublin-meat-company-on-its-investment-from-bgf-and-its-simultaneous-acquisition-of-swift-fine-foods">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Walcor.png" title="Walcor" alt="Image of Walcor Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/JP-Morgan-Invitalia.png" title="JP Morgan and Invitalia" alt="Image of JP Morgan and Invitalia Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/francesco-perrini">Francesco Perrini</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/silvia-stricchi">Silvia Stricchi</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Walcor on its sale to JP Morgan and Invitalia</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-walcor-on-its-sale-to-jp-morgan-and-invitalia">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/122736/FNB-Private-Equity.png" title="FnB Private Equity" alt="Image of FnB Private Equity Company Logo"/>
                            </div>
            <div class="action">sold</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Lartigue-and-Fils-Tradition-de-Vendee.png" title="Lartigue &amp; Fils and Tradition de Vendée" alt="Image of Lartigue &amp; Fils and Tradition de Vendée Company Logo"/>
                            </div>
            <div class="action">to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/financial-holding-company.png" title="une holding financière" alt="Image of une holding financière Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/philippe-guezenec">Philippe Guézenec</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/victor-le-breton">Victor Le Breton</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/adrien-tordeur">Adrien Tordeur</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to FnB Private Equity on the sale of the Baserria Group to a financial holding</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-fnb-private-equity-on-the-sale-of-lartigue-fils-and-tradition-de-vendée-to-a-financial-holding-company">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Sweden" class="flag-sweden"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/121713/Profura-Gruppen-logo.png" title="Profura Gruppen" alt="Image of Profura Gruppen Company Logo"/>
                            </div>
            <div class="action">sold</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Trensums-logo.png" title="Trensums Food" alt="Image of Trensums Food Company Logo"/>
                            </div>
            <div class="action">to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Fazer-Group-logo-2.png" title="Fazer Group" alt="Image of Fazer Group Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/tomas-almgren">Tomas Almgren</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/felix-ewert">Felix Ewert</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/anton-berzelius">Anton Berzelius</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Profura on its sale to Fazer Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-profura-on-the-sale-of-trensums-food-to-fazer-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Lisaqua.png" title="Lisaqua" alt="Image of Lisaqua Company Logo"/>
                            </div>
            <div class="action">raised equity from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/le-gouessant-investors.png" title="Le Gouessant" alt="Image of Le Gouessant Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Fundraising</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/philippe-guezenec">Philippe Guézenec</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to LISAqua on its fundraising</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-lisaqua-on-its-4-9m-fundraising-to-support-the-development-of-innovative-industrial-tools">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Gruppo-Eurovo.png" title="Eurovo" alt="Image of Eurovo Company Logo"/>
                            </div>
            <div class="action">acquired the poultry farming division of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/121580/Avril.png" title="Avril" alt="Image of Avril Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/philippe-guezenec">Philippe Guézenec</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/sophie-lerond">Sophie Lerond</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/silvia-stricchi">Silvia Stricchi</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Eurovo Group on the acquisition of the poultry farming division of Avril Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-eurovo-group-on-the-acquisition-of-the-poultry-farming-division-from-avril-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/JBS_S.A._logo.svg.png" title="JBS" alt="Image of JBS Company Logo"/>
                            </div>
            <div class="action">through</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/31996/RIGAMONTI-logo.png" title="Rigamonti" alt="Image of Rigamonti Company Logo"/>
                            </div>
            <div class="action">acquired 100% of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Kings-and-Principe.png" title="King&#039;s" alt="Image of King&#039;s Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to JBS and Rigamonti on the acquisition of King’s</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-jbs-and-rigamonti-on-the-acquisition-of-100-of-kings">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/industrials-and-chemicals" title="Industrials &amp; Chemicals">
                            <svg class="icon icon-industrials-and-chemicals" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-industrials-and-chemicals"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/permeare.png" title="Permeare" alt="Image of Permeare Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/della-toffola.png" title="Della Toffola" alt="Image of Della Toffola Company Logo"/>
                            </div>
            <div class="action">a portfolio company of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/118873/Investindustrial.png" title="InvestIndustrial" alt="Image of InvestIndustrial Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/niccolo-querci">Niccolò Querci</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/michele-castiglioni">Michele Castiglioni</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to the shareholders of Permeare on its sale to Della Toffola Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-shareholders-of-permeare-srl-on-its-sale-to-della-toffola-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/healthcare" title="Healthcare">
                            <svg class="icon icon-healthcare" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-healthcare"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Gradiente.png" title="Gradiente" alt="Image of Gradiente Company Logo"/>
                            </div>
            <div class="action">raised finance from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Credit-Agricole-Intesa-MPS.png" title="Credit Agricole, MPS, Intesa Sanpaolo" alt="Image of Credit Agricole, MPS, Intesa Sanpaolo Company Logo"/>
                            </div>
            <div class="action">to support the acquisition of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Cabassi-and-Giuriati.png" title="Cabassi &amp; Giuriati" alt="Image of Cabassi &amp; Giuriati Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Acquisition finance</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/michele-castiglioni">Michele Castiglioni</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Gradiente on raising finance to support the acquisition of a majority stake in the share capital of Giuriati Group S.r.l.</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-gradiente-on-raising-finance-to-support-the-acquisition-of-cabassi-giuriati-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Markal.png" title="Markal" alt="Image of Markal Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/113398/LW-BPI-Tikehau-FFC-2.png" title="Lionel Wolberg, BPI France, Tikehau, French Food" alt="Image of Lionel Wolberg, BPI France, Tikehau, French Food Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/alexandre-forget">Alexandre Forget</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/emmanuel-xerri">Emmanuel Xerri</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to the shareholders of Markal on its sale to Lionel Wolberg</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-shareholders-of-markal-on-its-sale-to-lionel-wolberg-backed-by-frenchfood-capital">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Sweden" class="flag-sweden"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Brodernas-logo.png" title="Brödernas" alt="Image of Brödernas Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Litorina-logo.png" title="Litorina" alt="Image of Litorina Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/gustaf-plyhm">Gustaf Plyhm</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/oscar-coster">Oscar Coster</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/niclas-nyqvist">Niclas Nyqvist</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Brödernas on its sale to Litorina</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-brödernas-on-its-sale-to-litorina">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/102595/Sperlari-logo.png" title="Sperlari" alt="Image of Sperlari Company Logo"/>
                            </div>
            <div class="action">acquired a majority stake in</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/102570/Dulcioliva.png" title="Dulcioliva" alt="Image of Dulcioliva Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/silvia-stricchi">Silvia Stricchi</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Sperlari on the acquisition of a majority stake in Dulcioliva</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-sperlari-on-the-acquisition-of-a-majority-stake-in-dulcioliva">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/consumer" title="Consumer">
                            <svg class="icon icon-consumer" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-consumer"></use></svg>
                        </a>
                    </li>
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/97064/Dea-Capital-logo.png" title="DeA Capital" alt="Image of DeA Capital Company Logo"/>
                            </div>
            <div class="action">raised finance from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/MPS-Credit-Agricole.png" title="MPS Capital Services and Credit Agricole" alt="Image of MPS Capital Services and Credit Agricole Company Logo"/>
                            </div>
            <div class="action">to support the acquisition of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Cellini.png" title="Cellini" alt="Image of Cellini Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Acquisition finance</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/michele-castiglioni">Michele Castiglioni</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to DeA Capital on raising finance to support the acquisition of a majority stake in the share capital of Ekaf S.p.A.</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-dea-capital-alternative-funds-sgr-on-raising-finance-to-support-the-acquisition-of-a-majority-stake-in-the-share-capital-of-ekaf-s-p-a">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Italcanditi-and-Invest-Capital-logos.png" title="Italcanditi" alt="Image of Italcanditi Company Logo"/>
                            </div>
            <div class="action">acquired</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Comprital-logo.png" title="Investindustrial" alt="Image of Investindustrial Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/silvia-stricchi">Silvia Stricchi</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Italcanditi on the acquisition of Comprital Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-italcanditi-on-the-acquisition-of-comprital-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/DNV_GL_logo.svg.png" title="DNV GL" alt="Image of DNV GL Company Logo"/>
                            </div>
            <div class="action">acquired</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/valoritalia-logo-vector.png" title="Valoritalia" alt="Image of Valoritalia Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/francesco-perrini">Francesco Perrini</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/silvia-stricchi">Silvia Stricchi</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to DNV GL in the acquisition of Valoritalia</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-dnv-gl-on-the-acquisition-of-a-minority-stake-in-valoritalia">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/consumer" title="Consumer">
                            <svg class="icon icon-consumer" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-consumer"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Denmark" class="flag-denmark"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Jakobsens-logo.png" title="Jakobsens A/S" alt="Image of Jakobsens A/S Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Good-food-group.png" title="Good Food Group A/S" alt="Image of Good Food Group A/S Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/jakob-tolstrup-kristensen">Jakob Tolstrup Kristensen</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/mads-hojdahl-kristensen">Mads Crawford Højdahl</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/allan-pedersen">Allan John Pedersen</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Jakobsens on its sale to Good Food Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-jakobsens-on-its-sale-to-good-food-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Logo-Cofigeo.png" title="Cofigeo" alt="Image of Cofigeo Company Logo"/>
                            </div>
            <div class="action">raised new equity finance and debt facilities from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Logo-Banques.png" title="Société Générale Capital Partenaires and Credit Trust (GSO Capital, IDIA Capital Investissement and NMP Développement)" alt="Image of Société Générale Capital Partenaires and Credit Trust (GSO Capital, IDIA Capital Investissement and NMP Développement) Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Refinancing</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/philippe-guezenec">Philippe Guézenec</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/laurence-de-rosamel">Laurence de Rosamel</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/guillaume-fenni">Guillaume Fenni</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Cofigeo on raising new equity finance and debt facilities</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-cofigeo-group-on-its-new-funding-round-and-the-financing-of-its-future-growth">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/43597/La-Romainville-Logo-website.png" title="La Romainville" alt="Image of La Romainville Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/43598/BIP-Capital-website.png" title="BIP Capital Partners" alt="Image of BIP Capital Partners Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/thibaut-couvrecelle">Thibaut Couvrecelle</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/nicolas-saint-pierre">Nicolas Saint-Pierre</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to the shareholders of La Romainville on its sale to BIP Capital Partners</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-shareholders-of-la-romainville-on-its-sale-to-bip-capital-partners">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
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            <div class="action">acquired</div>
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                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/MJM-Meatprocessing-und-Handels-logo.png" title="MJM Meatprocessing und Handels GmbH and SFW Schildauer Fleisch- und Wurstwaren GmbH" alt="Image of MJM Meatprocessing und Handels GmbH and SFW Schildauer Fleisch- und Wurstwaren GmbH Company Logo"/>
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                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Schildauer-logo.png" title="SFW Schildauer Fleisch- und Wurstwaren GmbH" alt="Image of SFW Schildauer Fleisch- und Wurstwaren GmbH Company Logo"/>
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                        <div class="term">Buy-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

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            Clearwater Advisers
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                                    <li><a href="https://www.clearwaterinternational.com/team/heinrich-kerstien">Dr. Heinrich Kerstien</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/khalid-afras">Khalid Afras</a></li>
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                                                    <p>Advisers to Gausepohl Food GmbH on its acquisition of MJM Meatprocessing &amp; Handels GmbH and SFW Schildauer Fleisch- und Wurstwaren GmbH</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-gausepohl-on-the-acquisition-of-two-meat-processing-companies">View more</a>
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                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
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                            <span title="UK" class="flag-united-kingdom"></span>
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                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Off-Piste-Wines_200120_110550.png" title="Off-Piste Wines Limited" alt="Image of Off-Piste Wines Limited Company Logo"/>
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            <div class="action">received investment from</div>
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                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/BGF-logo-smaller_200120_095026.png" title="BGF" alt="Image of BGF Company Logo"/>
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        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

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            Clearwater Advisers        </div>
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                                    <li><a href="https://www.clearwaterinternational.com/team/gareth-iley">Gareth Iley</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/kieran-virr">Kieran Virr</a></li>
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        <div class="advisor-info">
                                                                    <p>Adviser to
                                        Off-Piste Wines Limited
                                                                on receiving investment from
                                        BGF
                </p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-off-piste-wines-limited-on-investment-from-bgf">View more</a>
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                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
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                            <span title="Italy" class="flag-italy"></span>
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                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/32420/Bouvard-Group_200120_111036.png" title="Bouvard Group" alt="Image of Bouvard Group Company Logo"/>
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            <div class="action">partnership with</div>
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                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Lago-Group_200120_111120.png" title="Lago Group" alt="Image of Lago Group Company Logo"/>
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                        <div class="term">Partnership</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

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            Clearwater Advisers        </div>
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                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/silvia-stricchi">Silvia Stricchi</a></li>
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        <div class="advisor-info">
                                                    <p>Adviser to Bouvard Group on the partnership with Lago Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-bouvard-group-on-its-partnership-agreement-with-lago-group">View more</a>
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                        <a href="https://www.clearwaterinternational.com/sectors/consumer" title="Consumer">
                            <svg class="icon icon-consumer" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-consumer"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Sweden" class="flag-sweden"></span>
                        </span>
                    </li>
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        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Bastard-burgers.png" title="Bastard Burgers" alt="Image of Bastard Burgers Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/equip.png" title="Equip Capital" alt="Image of Equip Capital Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
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    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/gustaf-plyhm">Gustaf Plyhm</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/oscar-coster">Oscar Coster</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/niclas-nyqvist">Niclas Nyqvist</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Advisor to Bastard Burgers on its sale to Equip Capital</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-bastard-burgers-on-its-sale-to-equip">View more</a>
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<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
                        </a>
                    </li>
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                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
                        </span>
                    </li>
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        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/33205/RIGAMONTI-logo_200122_164039.png" title="Rigamonti" alt="Image of Rigamonti Company Logo"/>
                            </div>
            <div class="action">acquired</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/rsz_gran_brianza_200122_164446.png" title="Gran Brianza" alt="Image of Gran Brianza Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
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            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Rigamonti on the acquisition of Brianza Salumi</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-rigamonti-on-the-acquisition-of-brianza-salumi">View more</a>
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<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
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                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Italy" class="flag-italy"></span>
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        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/31784/Bouvard-Group_200117_140654.png" title="Bouvard Italia" alt="Image of Bouvard Italia Company Logo"/>
                            </div>
            <div class="action">acquired a 75% stake in</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/32055/gusparo-logo.png" title="Forneria Gusparo" alt="Image of Forneria Gusparo Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
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            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrea-pagliara">Andrea Pagliara</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/silvia-stricchi">Silvia Stricchi</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Bouvard Italia on its acquisition of a 75% stake in Forneria Gusparo</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-bouvard-italia-on-its-acquisition-in-forneria-gusparo">View more</a>
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                        <a href="https://www.clearwaterinternational.com/sectors/consumer" title="Consumer">
                            <svg class="icon icon-consumer" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-consumer"></use></svg>
                        </a>
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                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/food-and-beverage" title="Food &amp; Beverage">
                            <svg class="icon icon-food-and-beverage" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-food-and-beverage"></use></svg>
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                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Sweden" class="flag-sweden"></span>
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        <div class="transaction-detail">
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                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/holy.png" title="Holy Greens" alt="Image of Holy Greens Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/equip.png" title="Equip Capital" alt="Image of Equip Capital Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
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            Clearwater Advisers        </div>
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                                    <li><a href="https://www.clearwaterinternational.com/team/oscar-coster">Oscar Coster</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/henrik-falkenby">Henrik Falkenby</a></li>
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        <div class="advisor-info">
                                                    <p>Advisor to Holy Greens on its sale to Equity Capital</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-holy-green-on-its-sale-to-equip-capital">View more</a>
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                                                                    <option value="Congo">Congo</option>
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                                                                    <option value="Cook Islands">Cook Islands</option>
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                                                                    <option value="Dominica">Dominica</option>
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                                                                    <option value="East Timor">East Timor</option>
                                                                    <option value="Ecuador">Ecuador</option>
                                                                    <option value="Egypt">Egypt</option>
                                                                    <option value="El Salvador">El Salvador</option>
                                                                    <option value="Equatorial Guinea">Equatorial Guinea</option>
                                                                    <option value="Eritrea">Eritrea</option>
                                                                    <option value="Estonia">Estonia</option>
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                                                                    <option value="Falkland Islands (Malvinas)">Falkland Islands (Malvinas)</option>
                                                                    <option value="Faroe Islands">Faroe Islands</option>
                                                                    <option value="Fiji">Fiji</option>
                                                                    <option value="Finland">Finland</option>
                                                                    <option value="France">France</option>
                                                                    <option value="France Metropolitan">France Metropolitan</option>
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                                                                    <option value="French Polynesia">French Polynesia</option>
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                                                                    <option value="Gabon">Gabon</option>
                                                                    <option value="Gambia">Gambia</option>
                                                                    <option value="Georgia">Georgia</option>
                                                                    <option value="Germany">Germany</option>
                                                                    <option value="Ghana">Ghana</option>
                                                                    <option value="Gibraltar">Gibraltar</option>
                                                                    <option value="Greece">Greece</option>
                                                                    <option value="Greenland">Greenland</option>
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                                                                    <option value="Guadeloupe">Guadeloupe</option>
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                                                                    <option value="Guatemala">Guatemala</option>
                                                                    <option value="Guinea">Guinea</option>
                                                                    <option value="Guinea-Bissau">Guinea-Bissau</option>
                                                                    <option value="Guyana">Guyana</option>
                                                                    <option value="Haiti">Haiti</option>
                                                                    <option value="Heard and Mc Donald Islands">Heard and Mc Donald Islands</option>
                                                                    <option value="Holy See (Vatican City State)">Holy See (Vatican City State)</option>
                                                                    <option value="Honduras">Honduras</option>
                                                                    <option value="Hong Kong">Hong Kong</option>
                                                                    <option value="Hungary">Hungary</option>
                                                                    <option value="Iceland">Iceland</option>
                                                                    <option value="India">India</option>
                                                                    <option value="Indonesia">Indonesia</option>
                                                                    <option value="Iran (Islamic Republic of)">Iran (Islamic Republic of)</option>
                                                                    <option value="Iraq">Iraq</option>
                                                                    <option value="Ireland">Ireland</option>
                                                                    <option value="Israel">Israel</option>
                                                                    <option value="Italy">Italy</option>
                                                                    <option value="Jamaica">Jamaica</option>
                                                                    <option value="Japan">Japan</option>
                                                                    <option value="Jordan">Jordan</option>
                                                                    <option value="Kazakhstan">Kazakhstan</option>
                                                                    <option value="Kenya">Kenya</option>
                                                                    <option value="Kiribati">Kiribati</option>
                                                                    <option value="Korea, Democratic People&#039;s Republic of">Korea, Democratic People&#039;s Republic of</option>
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                                                                    <option value="Kuwait">Kuwait</option>
                                                                    <option value="Kyrgyzstan">Kyrgyzstan</option>
                                                                    <option value="Lao, People&#039;s Democratic Republic">Lao, People&#039;s Democratic Republic</option>
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                                                                    <option value="Singapore">Singapore</option>
                                                                    <option value="Slovakia (Slovak Republic)">Slovakia (Slovak Republic)</option>
                                                                    <option value="Slovenia">Slovenia</option>
                                                                    <option value="Solomon Islands">Solomon Islands</option>
                                                                    <option value="Somalia">Somalia</option>
                                                                    <option value="South Africa">South Africa</option>
                                                                    <option value="South Georgia and the South Sandwich Islands">South Georgia and the South Sandwich Islands</option>
                                                                    <option value="Spain">Spain</option>
                                                                    <option value="Sri Lanka">Sri Lanka</option>
                                                                    <option value="St. Helena">St. Helena</option>
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                                                                    <option value="Sudan">Sudan</option>
                                                                    <option value="Suriname">Suriname</option>
                                                                    <option value="Svalbard and Jan Mayen Islands">Svalbard and Jan Mayen Islands</option>
                                                                    <option value="Swaziland">Swaziland</option>
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                                                                    <option value="Syrian Arab Republic">Syrian Arab Republic</option>
                                                                    <option value="Taiwan, Province of China">Taiwan, Province of China</option>
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                                                                    <option value="Thailand">Thailand</option>
                                                                    <option value="Togo">Togo</option>
                                                                    <option value="Tokelau">Tokelau</option>
                                                                    <option value="Tonga">Tonga</option>
                                                                    <option value="Trinidad and Tobago">Trinidad and Tobago</option>
                                                                    <option value="Tunisia">Tunisia</option>
                                                                    <option value="Turkey">Turkey</option>
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                                                                    <option value="Turks and Caicos Islands">Turks and Caicos Islands</option>
                                                                    <option value="Tuvalu">Tuvalu</option>
                                                                    <option value="Uganda">Uganda</option>
                                                                    <option value="Ukraine">Ukraine</option>
                                                                    <option value="United Arab Emirates">United Arab Emirates</option>
                                                                    <option value="United Kingdom">United Kingdom</option>
                                                                    <option value="United States">United States</option>
                                                                    <option value="United States Minor Outlying Islands">United States Minor Outlying Islands</option>
                                                                    <option value="Uruguay">Uruguay</option>
                                                                    <option value="Uzbekistan">Uzbekistan</option>
                                                                    <option value="Vanuatu">Vanuatu</option>
                                                                    <option value="Venezuela">Venezuela</option>
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