Savien has been acquired by Cuétara

Cuétara, a Mexican company that produces cookies and pastries, has acquired Savien for an undisclosed consideration.

Savien produces and distributes healthy foods in supermarkets throughout the Mexico. The company has three product lines: natural sweeteners, honey and coffee cream substitute.

Cuétara is a 100% Mexican company which focuses in high standard quality products.

Oaklins' team in Mexico advised the seller in this transaction. After contacting 30 companies, a buyer willing to acquire the three existing business lines was identified. Seller and buyer product portfolios have synergies in the low range prices.