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    Ashurst advises Terlos on launch of its European focused investment platform

    Panels in the sunshine

    Global law firm Ashurst has advised Terlos Investments LP (Terlos) on the establishment and launch of its investment platform focused on European consumer brands.

    Launched in November 2024, Terlos is backed by Javier Ferrán and a wholly owned subsidiary of the Abu Dhabi Investment Authority, as exclusive limited partners.

    Ashurst also provided strategic counsel on investment platform matters relating to Terlos' agreement to buy Casa Optima S.p.A from Charterhouse Capital Partners. Headquartered in Rimini, Italy, Casa Optima is a global leader in premium ingredients for artisanal gelato, pastry, and beverages, serving over 30,000 gelato shops and 6,000 pastry shops in more than 150 countries. The deal is set to close in Q1 2026, subject to regulatory approvals.

    Commenting on the transaction, funds partner Oliver Cary said: "We are delighted to have advised Terlos on the exciting and successful establishment of their investment platform and also to have supported Terlos and its other advisers on signing their first transaction."

    Tax partner, Patricia Allen added: “It has been fantastic to advise and work with Javier and the Terlos team, and we look forward to building our relationship with Terlos as they pursue further opportunities in the European consumer sector."

    The Ashurst team was led by tax partner Patricia Allen and funds partner Oliver Cary, supported by senior associate Hadrian Beckett (funds), associates Aaron Robertson (tax), Harry Peters (funds), Giorgio Gallucci (funds) and Christopher Phillips (tax) as well as funds solicitor apprentice Matas Jankus. Regulatory partner Bradley Rice and corporate partners Rob Aird and Jacob Gold assisted the core team in relation to the launch.