For more than fifty years we have been one of the leading Italian law firms dealing with M&A and private equity, which have always been among the key focuses of our business.

Our clients range from international groups, Italian and international institutional investors and private equity funds to small and medium-sized enterprises.

We have market-leading experience in advising on complex cross border acquisitions and international joint ventures. Our recognized international expertise in the sector enables us to provide high value added service in investment transactions, whether carried out by Italian companies abroad or foreign companies in Italy.

The team’s advice and assistance covers all the typical phases of M&A transactions, from structuring to due diligence, to drafting and negotiating contract documentation, to fulfilling company and regulatory requirements, to closing and any post-closing obligations.

Our assistance also covers the entire range of extraordinary transactions, including:

  • Mergers, demergers, capital increases and contributions of assets
  • Acquisition and disposal of shares
  • Transfers of undertakings and transfers of business unit
  • Investment agreements and shareholders’ agreements
  • Joint ventures
  • Privatisations
  • Takeover bids, share-for-share offers.

For more than fifty years we have been one of the leading Italian law firms dealing with M&A and private equity, which have always been among the key focuses of our business.

Our clients range from international groups, Italian and international institutional investors and private equity funds to small and medium-sized enterprises.

We have market-leading experience in advising on complex cross border acquisitions and international joint ventures. Our recognized international expertise in the sector enables us to provide high value added service in investment transactions, whether carried out by Italian companies abroad or foreign companies in Italy.

The team’s advice and assistance covers all the typical phases of M&A transactions, from structuring to due diligence, to drafting and negotiating contract documentation, to fulfilling company and regulatory requirements, to closing and any post-closing obligations.

Our assistance also covers the entire range of extraordinary transactions, including:

  • Mergers, demergers, capital increases and contributions of assets
  • Acquisition and disposal of shares
  • Transfers of undertakings and transfers of business unit
  • Investment agreements and shareholders’ agreements
  • Joint ventures
  • Privatisations
  • Takeover bids, share-for-share offers.

LAWYERS

Pea_80_Bianchi_Stefano
Bianchi Stefano
MANAGING PARTNER
Pea_80_Pavia_Bruno
Pavia Bruno R.
SOCIO ONORARIO
Pea_80_Galeano_GiuseppeAlessandro
Galeano Giuseppe Alessandro
PARTNER
Pea_80_Bianchi_Stefano
Bianchi Stefano
MANAGING PARTNER
Pea_80_Pavia_Bruno
Pavia Bruno R.
SOCIO ONORARIO
Pea_80_Galeano_GiuseppeAlessandro
Galeano Giuseppe Alessandro
PARTNER

NEWS AND EVENTS

Dip_Mergers
23 Dec 21: Pavia e Ansaldo and DWF in the acquisition of Mollica and MACC

Pavia e Ansaldo and DWF in the acquisition of Mollica and MACC  Milano, 23 dicembre 2021 – Pavia e Ansaldo assisted Customs Support Group B.V., a European group active in the customs field, in the acquisition of the entire corporate capital of Mollica Customs Services S.r.l. and MACC S.r.l. (Mollica Group). Mollica Customs Services S.r.l. is an affirmed and known company on the relative market, a customs broker located strategically in the offices of Milan, Peschiera Borromeo, Pozzuolo Martesana, Osmannoro, Dalmine and Ferno.   The team of Pavia e Ansaldo was led by the Partner Anna Saraceno with the support of…

Dip_Mergers
23 Dec 21: Project Informatica towards the control of Extraordy: the firms

Project Informatica towards the control of Extraordy: the firms  Milano, 23 dicembre 2021 – Project Informatica, the portfolio company of H.I.G. Europe – European branch of the international investment fund H.I.G. Capital, continues its growth route through external businesses. Project Informatica in fact signed a binding agreement for the acquisition of a majority shareholding in Extraordy, Red Hat official partner in Italy for training, awarded with the first designation “Red Hat Certified Architect” in Italy and fourteenth in the world. Based in Milan, Extraordy counts on a premier partnership with Red Hat thanks to approximately 20 years of cooperation in…

Dip_Mergers
22 Dec 21: Pavia e Ansaldo and Gitti and Partners in the entry of Mandarin Capital Partners in Croci S.p.A.

Pavia e Ansaldo and Gitti and Partners in the entry of Mandarin Capital Partners in Croci S.p.A. Milano, 23 dicembre 2021 – The closing of the acquisition by Mandarin Capital Partners of 70% of the corporate capital of Croci S.p.A. with the aim of accelerating the expansion on international markets, has taken place; the target is a leading Italian company in the sector of the accessories for pets and aquariology.   Croci S.p.A. was established approximately 30 years ago near Varese by the entrepreneur Dario Croci and, over the years, it transformed its business model evolving from distributor to brand…

Dip_Mergers
30 Nov 21: Pavia e Ansaldo with Project Informatica in the acquisition of Converge  

Pavia e Ansaldo with Project Informatica in the acquisition of Converge Milan, 30 November, 2021 – Project Informatica, the portfolio company controlled by H.I.G. Europe – European branch of the international investment fund H.I.G. Capital, continues its growth route through external businesses. The company has in fact signed a binding agreement for the acquisition of 100 per cent of the corporate capital of Converge S.p.A., a company located in Rome leading system integrator specializing in the supply of infrastructural solutions, hardware and software, mainly devoted to clients belonging to the public sector. The company counts on a consolidated know-how in…

Dip_Mergers
22 Nov 21: Pavia e Ansaldo with Riello Investimenti Partners SGR supporting the growth of Werther International S.p.A.

Pavia e Ansaldo with Riello Investimenti Partners SGR supporting the growth of Werther International S.p.A.   Milan, 22 November, 2021 – Riello Investimenti Partners SGR, through the second private debt fund Impresa Italia II, has underwritten 7 million euros in bonds emitted by Werther International S.p.A., one of the Italian leading companies in the production and marketing of equipment for garages, tyre repairers and car services and one of the main manufacturers of lifting bridges both for wheel and railway transport. The Group operates at a global level, with a solid presence in the most relevant and strategic markets, thanks…

Dip_Mergers
17 Nov 21: Pavia e Ansaldo with HIG and Project Informatica in the acquisition of Sinthera

Pavia e Ansaldo with HIG and Project Informatica in the acquisition of Sinthera   Milan, 17 November, 2021 – The Law firm Pavia e Ansaldo, with a team led by the partner Alberto Bianco and formed by Martina Bosi, Andrea Romanò and Biancamaria Veronese, along with Valentina Simonelli and Francesca Guglielmino in relation to labour law aspects, assisted H.I.G. Europe, European branch of the International investment Fund H.I.G. Capital, in the acquisition, through its portfolio company Project Informatica, of Sinthera S.r.l. a company operating in the Italian information technology market.   Sinthera, with offices in Udine, Padova and Reggio Emilia,…

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5 Nov 21: All the firms involved in the Canepa S.p.A. transaction

All the firms involved in the Canepa S.p.A. transaction Milan, 5 November, 2021 – Canepa spa, a historical company operating in the sector of the production and sale of fabrics, has been the centre of a transaction for its capital strengthening with the view of an early exit from the composition with creditors on a going concern basis procedure (“Concordato preventivo in continuità”) and the relaunch of its activity, with the support – on the entrepreneur Michele Canepa’s side – of Muzinich & Co SGR (on behalf of the Fund Azimut ELTIF Capital Solution) and of Invitalia (as managing company…

Dip_Mergers
26 Oct 21: Profili penali nelle operazioni straordinarie nel contesto europeo

Profili penali nelle operazioni straordinarie nel contesto europeo MARTEDÌ 26 OTTOBRE 2021 DALLE 16:30 ALLE 19:30   SALUTI INIZIALI Giovanni Lega Presidente ASLA Vinicio Nardo Presidente Ordine degli Avvocati di Milano Ernesto Sarno Presidente Commissione Giustizia Penale dell’Ordine degli Avvocati di Milano Paola De Pascalis Osservatorio dei Penalisti degli Studi multipractice   TAVOLA ROTONDA Giuseppe M. Giacomini Moderatore, Studio Legale Conte & Giacomini Avvocati Giorgio Totis Group Compliance VP Prysmian Eugenio Fusco Procuratore Aggiunto – Procura della Repubblica di Milano Andrea Chiusani New Deal Advisor Ne discutono con i relatori i componenti del direttivo dell’Osservatorio dei Penalisti degli Studi Multipractice…

Dip_Mergers
7 Oct 21: All the Firms involved in the closing of the transaction for the investment in the Itelyum Group

All the Firms involved in the closing of the transaction for the investment in the Itelyum Group   Milan, 7 October, 2021 – The closing of the transaction for the investment by Stirling Capital Partners’ fourth fund in partnership with the German fund DBAG has taken place.   This investment is inserted in the wider context of the agreements for the acquisition of shares from Stirling Square Capital Partners’ third fund, assisted, together with the other vendors, by Pavia e Ansaldo with the partners Stefano Bianchi and Paola Carlotti with the associates Giovanni Gila and Riccardo Robuschi as well. The…

Dip_Mergers
4 Oct 21: Pavia e Ansaldo and Spada Partners with TMCI Padovan in the acquisition of SAP Italia

Pavia e Ansaldo and Spada Partners with TMCI Padovan in the acquisition of SAP Italia  Milan, 4 October, 2021 – Law firm Pavia e Ansaldo, with a team coordinated by the partner Alberto Bianco and formed by Erica Lepore, Biancamaria Veronese and Andrea Romanò assisted TMCI Padovan S.p.A. – a leading company in the manufacture and marketing of systems for the production of wine, margarine, soft drinks and beer, controlled by Synergo Capital through the fund Sinergia II – in the signing of a binding agreement, with the Radice Family, aiming at acquiring 100% of the corporate capital of SAP…

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4 Oct 21: Pavia e Ansaldo opens in Turin with Massimiliano Elia

Pavia e Ansaldo opens in Turin with Massimiliano Elia   Turin, 04 October, 2021 – The expansion process of the Law Firm Pavia e Ansaldo continues with the opening of the new office in Turin located at no. 18 of Corso Luigi Einaudi. It will be the lawyer Massimiliano Elia, entering the firm as Of Counsel, who will operate in the new office in Turin.   The junior associates Rossana Tirenna and Allegra Ovazza will enter the new office in Turin as well.   The Law Firm decided to continue developing the activities in a region as Piedmont which counts…

Dip_Mergers
9 Sep 21: Pavia e Ansaldo and Chiomenti in the transfer of the Frautech branch of business

Pavia e Ansaldo and Chiomenti in the transfer of the Frautech branch of business Milan, 9 September, 2021 – Law firm Pavia e Ansaldo, with a team coordinated by the partner Alberto Bianco and formed by Erica Lepore, Biancamaria Veronese and, for labour aspects of the transaction, Francesco Vitella and Giulia Duso, furnished legal assistance in favour of the company Michelangelo Pietribiasi S.r.l. in the acquisition, from the Austrian group Andritz, of the branch of business branded “Frautech” regarding the manufacturing and marketing of separators and systems for the food industry.   With this transaction – managed by the advisory…

Dip_Mergers
6 Sep 21: Itago enters Operamed: the firms  

Itago enters Operamed: the firms Milan, 6 September, 2021 – Law firm Pavia e Ansaldo, with a team coordinated by the partner Alberto Bianco and formed by Martina Bosi, Erica Lepore, Andrea Romanò and Biancamaria Veronese, assisted the fund Itago IV in relation to all corporate M&A and banking aspects regarding the transaction for the acquisition, through a leveraged buyout, of the shareholding for the control of Operamed S.r.l., a leading company in the Italian and international market, active in the design and installation of outdoor and indoor modular solutions in the sanitary sector. In particular, Operamed designs, furnishes and…

Dip_Mergers
23 Aug 21: The firms in the transaction for the investment in Itelyum Group

The firms in the transaction for the investment in Itelyum Group Milan, 23 August, 2021 – The fourth fund of Stirling Square Capital Partners assisted by Chiomenti, announced its next investment, in partnership with the German fund DBAG, assisted by Gattai, Minoli, Partners, in Itelyum Group. The investment is included in the wider context of the agreements for the acquisition of shares from the third fund of Stirling Square Capital Partners, assisted, with the other sellers, by Pavia e Ansaldo.   Chiomenti furnished assistance with a multi-disciplinary team led by the partner Franco Agopyan with the senior associate Giovanni Colantuono…

Contenzioso
18 Aug 21: Breach of the shareholders’ agreement: which jurisdiction applies when a company is based abroad?

Breach of the shareholders’ agreement: which jurisdiction applies when a company is based abroad? IBA Corporate Counsel Forum   Wednesday 18 August 2021   Maurizio Vasciminni Pavia e Ansaldo Studio Legale, Rome maurizio.vasciminni@pavia-ansaldo.it Silvia Bisceglia Pavia e Ansaldo Studio Legale, Rome Silvia.bisceglia@pavia-ansaldo.it Giovanni Gigliotti Pavia e Ansaldo Studio Legale, Rome giovanni.gigliotti@pavia-ansaldo.it   According to a recent judgment of the Italian Corte di Cassazione,[1] a dispute arising from a breach of the shareholders’ agreement by an Italian shareholder is subject to Italian jurisdiction even when the registered office of the company is located abroad under the rule of the defendant’s domicile. Shareholders’ agreements…

Contenzioso
4 Aug 21: Not a ‘family’ business: enterprise or professional debts cannot be paid by the patrimonial fund constituted for the needs of the family

Not a ‘family’ business: enterprise or professional debts cannot be paid by the patrimonial fund constituted for the needs of the family IBA Litigation Committee    Wednesday 4 August 2021   Maurizio Vasciminni Giada Russo Giovanni Gigliotti   The matter of asset protection is growing in importance, especially for massive assets, since the Italian 2017 Budget Law introduced the so-called ‘flat tax’. The flat tax regime allows non-Italian resident high net worth individuals to transfer their tax residence to Italy to elect for a flat substitutive tax. The transfer of residence required for the application of the flat-tax regime has…

Dip_Mergers
31 Jul 21: Dea Capital enters OMB Saleri: the firms

Dea Capital enters OMB Saleri: the firms Milan, 31 July, 2021 – Law firm Pavia e Ansaldo, with a team coordinated by partners Alberto Bianco and Giuseppe Alessandro Galeano, furnished legal and tax assistance in favour of the fund Sviluppo Sostenibile, managed by Dea Capital Alternative Funds, in the transaction for the acquisition, mainly through a capital increase, of a minority shareholding in OMB Saleri S.p.A., a company in Brescia owned by the Saleri Family producing and marketing security valves for domestic use of gas and high pressure valves.   With approximately 45 millions euro turnover in 2020, mainly abroad,…

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29 Jul 21: Pavia e Ansaldo with the Threestones Fund for the acquisition of the eighth residence in Spain

Pavia e Ansaldo with the Threestones Fund for the acquisition of the eighth residence in Spain Barcelona, 29 July, 2021 – Law firm Pavia e Ansaldo, with a team composed by the partner responsible for the Barcelona office, Meritxell Roca Ortega, and by the associates Javier Vicente García and Alessandro Tenchini, assisted the Luxembourg investment fund TSC Fund Eurocare Real Estate, managed by Threestones Capital Management S.A., in the acquisition of the residence for the elderly “Residència Geriàtrica Congost” (Figaró-Montmany, Barcelona), with which it enlarged to eight assets its portfolio of residential centres for the elderly in Spain.   Threestones…

Dip_Mergers
16 Jul 21: Quadrivio, with the fund Industry 4.0, invests in Texbond: all the law firms

Quadrivio, with the fund Industry 4.0, invests in Texbond: all the law firms  Milan, 16 July, 2021 – Industry 4.0, the private equity fund of Quadrivio Group investing in technological innovation and digital transition of SMEs, has acquired from the H.I.G. Capital fund the majority of the corporate capital of Texbond, a company in Rovereto manufacturing and marketing a non-woven fabric used in the hygienic sector, constructions and more widely in industrial contexts.   The H.I.G. Capital fund and some minority shareholders have been assisted, in the whole sale process, by law firm Pavia e Ansaldo, with a team coordinated…

Dip_Mergers
16 Jul 21: Pavia e Ansaldo with Ethica Global in the entry in Niccons Italy

Pavia e Ansaldo with Ethica Global in the entry in Niccons Italy  Milan, 16 July, 2021 – Law Firm Pavia e Ansaldo, with a team coordinated by partner Alberto Bianco and formed by Martina Bosi, Andrea Romanò and Biancamaria Veronese, assisted the holding company Ethica Global Investments S.p.A. in relation to all corporate, M&A and banking aspects regarding the acquisition, through the portfolio company GIA S.p.A., the company leader in the segment of patented accessories for the hydrothermic-sanitary sector, of a majority shareholding in Niccons Italy S.r.l., a company located in Vicenza active in the production of technical accessories for…

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7 Jul 21: Pavia e Ansaldo: Nuestra experiencia en las operaciones de compraventa de empresas cross border Italia – España y aperturas de filiales

Pavia e Ansaldo: Nuestra experiencia en las operaciones de compraventa de empresas cross border Italia – España y aperturas de filiales   El despacho de abogados internacional Pavia e Ansaldo, en colaboración con la Cámara de Comercio Italiana de Barcelona, organizará el próximo 7 de julio de 2021 desde las 12.00h hasta las 13.00h un webinar sobre las operaciones de compraventa de empresas cross-border entre Italia y España así como la apertura de filiales en ambos países a la luz de la experiencia de la firma, que este año celebra su 60 aniversario desde su fundación en 1961.   En particular,…

Dip_Mergers
6 Jul 21: Pavia e Ansaldo and Spada Partners with Plixxent Group in the acquisition of Tagos

Pavia e Ansaldo and Spada Partners with Plixxent Group in the acquisition of Tagos   Milan, 6 July, 2021 – Law firm Pavia e Ansaldo, with a team led by partner Alberto Bianco and composed by Giulio Nobile, Erica Lepore, Biancamaria Veronese and Andrea Romanò, assisted the German company Plixxent Holding GmbH, head of a leading group in Europe in the production of polyurethane systems, in all corporate and M&A aspects regarding the acquisition of the total shareholding in Tagos S.r.l. Italian system house specializing in the production of liquid systems with two components destined to the production of poliurethane,…

Dip_Mergers
6 Jul 21: Pavia e Ansaldo with Allied International in the acquisition of Mandelli Sistemi

Pavia e Ansaldo with Allied International in the acquisition of Mandelli Sistemi   Milan, 6 July, 2021 – The Allied International group – among the world leaders in the manufacturing, distribution and stocking of buttwelding, flanges, fittings, piping, wide radius curves and special products for the Oil&Gas sector – acquired the enterprise of Mandelli Sistemi S.p.A., an historical brand of Italian mechatronics, with nearly a hundred years tradition in aerospace, energy and precision mechanics sectors.   Allied International was assisted, as for legal aspects, by Pavia e Ansaldo, with a team composed by partners Roberto Zanchi and Carlo Trucco, for…

PeA_Desk_Giappone_85603973_376x250
2 Jul 21: Pavia e Ansaldo with Asahi Intecc in the acquisition of Kardia S.r.l.

Pavia e Ansaldo with Asahi Intecc in the acquisition of Kardia S.r.l.   Milan, 2 July, 2021 – Asahi Intecc Co., Ltd in Aichi (Japan), a company listed in the first section of Tokyo’s stock exchange and world leader in the research, development and production of medical devices with very high technological value, acquired the absolute majority of the shares of Kardia Srl a company in Milan, already its distributor in Italy for many years, with agreements for the acquisition, within the next 5 years, of the residual shareholding still owned by the two Italian partners.   Pavia e Ansaldo…

Dip_Mergers
28 Jun 21: Dea Capital invests in the Zephyr Group: the firms

Dea Capital invests in the Zephyr Group: the firms   Milan, 28 June 2021 – Law firm Pavia e Ansaldo furnished legal and tax assistance to Dea Capital Alternative Funds in the first transaction for the acquisition of a majority shareholding in Zephyr Group by the fund “Sviluppo Sostenibile”.   Zephyr was founded in 1974 in La Spezia, and it is one of the main European companies active in the distribution of spare parts for merchant ship engines and slow ferries, as well as for engines for electricity power plants. In 2018, thanks to the acquisition of the Spanish competitor…

Dip_Mergers
10 Jun 21: Pavia e Ansaldo with HIG Europe and Cadicagroup in the acquisition of Etichetta 2000

Pavia e Ansaldo with HIG Europe and Cadicagroup in the acquisition of Etichetta 2000   Milan, 10 June, 2021 – Law firm Pavia e Ansaldo, with a team coordinated by the partner Alberto Bianco and composed by Erica Lepore, Andrea Romanò and Giulio Nobile, assisted, for all corporate M&A aspects, Cadicagroup S.r.l., a portfolio company of the fund HIG Europe specializing in the supply of accessories such as labels, tags, details for embellishment and packaging for the main clothing brands active in the premium and absolute luxury segments; the transaction implied the acquisition of a majority shareholding in the corporate…

Dip_Mergers
31 May 21: All the advisors for the acquisition of Pejo and Goccia di Carnia mineral waters

All the advisors for the acquisition of Pejo and Goccia di Carnia mineral waters   Milan, 31 May, 2021 – Indigo Capital and a club deal of investors organized by Orienta Capital Partners has acquired Cristallina, the holding controlling mineral waters Pejo and Goccia di Carnia, participated, inter alia, by AVM Gestioni sgr (through the fund Talent EuVECA), G.B.PAR (the holding of the Borromeo family) and Banca IFIS.   Gitti and Partners assisted Indigo Capital and the club deal, while the vendors were assisted by LCA law firm.   The financing entity of the transaction was the bank Oldenburgische Landesbank,…

Dip_Mergers
28 May 21: Pavia e Ansaldo with Alpi Group for the acquisition of Red Line Logistics Service

Pavia e Ansaldo with Alpi Group for the acquisition of Red Line Logistics Service Milan, 28 May 2021 – Law firm Pavia e Ansaldo, with a team composed by partner Meritxell Roca Ortega and by senior associate Chiara Scarpelli assisted ALBINI & PITIGLIANI GROUP in the acquisition of the entire corporate capital of RED LINE LOGISTICS SERVICE GMBH, a German company dedicated to the shipping industry mediating in shipping, transport and storage operations.   ALPI Group has been active for more than 70 years in this sector, with an International presence and a network counting on more than 70 offices…

Dip_Mergers
25 May 21: Pavia e Ansaldo with Project Informatica in the acquisition of SCM and Techlit

Pavia e Ansaldo with Project Informatica in the acquisition of SCM and Techlit Milan, 25 May 2021 – Law firm Pavia e Ansaldo, with a team coordinated by partner Alberto Bianco and composed of Martina Bosi, Biancamaria Veronese and Giulio Nobile, assisted Project Informatica S.r.l., a company controlled by HIG Europe Fund, in the acquisition of Techlit S.r.l. and in the concurrent acquisition of S.C.M. S.r.l.   The companies operate through customized services in the designing, installation and maintenance of audio, video and videoconference systems, with high-standing clients active in various industries. The entry of Techlit and SCM in the…

Dip_Mergers
13 May 21: Pavia e Ansaldo reinforces its Corporate M&A and Energy departments: Carlo Emanuele Rossi enters the firm as partner with his team

Pavia e Ansaldo reinforces its Corporate M&A and Energy departments: Carlo Emanuele Rossi enters the firm as partner with his team   Milan, 13 May, 2021 – Pavia e Ansaldo announces the entry of Carlo Emanuele Rossi who will join, as partner, the Corporate M&A Department, along with a team composed by associates Viola Bardi and Pietro Miazzi. Carlo Emanuele Rossi can count on thirty years’ experience in corporate M&A transactions, with a specific focus on the energy sector. Through the years, he assisted prime national and international clients, acquiring a specific competence in antitrust matters. Moreover, Carlo can count…

Dip_Mergers
12 May 21: Pavia e Ansaldo with Project Informatica in the acquisition of Centro Computer

Pavia e Ansaldo with Project Informatica in the acquisition of Centro Computer Milan, 12 May 2021 – Law firm Pavia e Ansaldo, with a team coordinated by partner Alberto Bianco and composed of Erica Lepore, Andrea Romanò and Giulio Nobile, for corporate, M&A and banking aspects, and by partner Valentina Simonelli supported by Rosie Schifino, for labour law aspects, assisted Project Informatica S.r.l., a company controlled by HIG Europe fund, in the acquisition of the entire shareholding of the corporate capital of Centro Computer S.p.A.. Tax and financial aspects of the transaction were managed by PwC on behalf of the…

Dip_Mergers
12 May 21: Pavia e Ansaldo and Osborne Clarke in the entry of Neva First (Intesa Sanpaolo Group) in Xnext Ⓡ

Pavia e Ansaldo and Osborne Clarke in the entry of Neva First (Intesa Sanpaolo Group) in Xnext Ⓡ Milan, 12 May 2021 – XnextⓇ, the innovative Italian medium-sized enterprise, leader in the X-ray multi-energy inspection systems for live quality controls in industrial processes, finalized the entry in its share capital – by means of a capital increase of 5 million euro – of Neva First fund, managed by Neva SGR, which is Intesa Sanpaolo Group’s venture capital, entirely controlled by Intesa Sanpaolo Innovation Center, a company of the Group dedicated to innovation.   The fund’s investment aims at the commercial…

Dip_Mergers
27 Apr 21: The advisors in Permobil’s acquisition of Rehateam and Progeo

The advisors in Permobil’s acquisition of Rehateam and Progeo Milan, 27 April, 2021 – Permobil AB of Timrå, Sweden, has signed an agreement for the acquisition of the shares in Rehateam S.r.l. and Progeo S.r.l. of Treviso, Italy with these companies’ shareholders. Permobil, which is held by Investor AB, is a global leader in advanced medical technology focusing on wheelchairs and mobility solutions. Rehateam and Progeo are developing, producing and distributing manual wheelchairs worldwide.   The transaction is expected to close in June, subject to regulatory approvals.The parties have chosen not to disclose the terms of the transaction.   Permobil was…

Dip_Mergers
26 Apr 21: The applicability of the Italian Business Judgement Rule to directors’ organisational choices

The applicability of the Italian Business Judgement Rule to directors’ organisational choices IBA Corporate and M&A Law Committee    26 April 2021   Maurizio Vasciminni Giada Russo Giovanni Gigliotti   The ‘adequacy of the organisational structure’ duty under the Italian Civil Code According to Article 2086 of the Italian Civil Code, the enterpriser operating as a company (or as a group) must set up an organisational, administrative and accounting structure adequate to the nature and size of the enterprise. Such adequate organisational structure must also be set up in order to detect – in a timely fashion – a crisis at…

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30 Mar 21: Pavia e Ansaldo with S.T. Corporation of Tokyo in the transfer of the controlled Zeta S.r.l. to Rega Holding

Pavia e Ansaldo with S.T. Corporation of Tokyo in the transfer of the controlled Zeta S.r.l. to Rega Holding Milan, 30 March, 2021 – The Japan Desk of Law firm Pavia e Ansaldo assisted S.T. Corporation, a company listed in the first section of the Tokyo Stock Exchange, specializing in the production and sale of deodorants, dehumidifiers and other products for home and personal care, in the sale of the Italian controlled company Zeta S.r.l. to Rega Holding S.r.l. and to Mr. Roberto Di Palma, assisted by Mr. Gabriele Grasso and Mr. Mauro Ferrara of the firm One Partner of…

Dip_Mergers
8 Mar 21: Pavia e Ansaldo with the Threestones Fund for the acquisition of the seventh residence in Spain

Pavia e Ansaldo with the Threestones Fund for the acquisition of the seventh residence in Spain Barcelona, 8 March, 2021 – Law firm Pavia e Ansaldo, with a team composed by partner responsible for the Barcelona office, Meritxell Roca Ortega, and by associate Alessandro Tenchini, advised the Luxembourg investment fund TSC Fund Eurocare Real Estate, managed by Threestones Capital Management S.A., in the acquisition of the residence for the elderly “El Fontán” (Oviedo), thus reaching the number of seven care homes in Spain in its portfolio.   Threestones Capital Management S.A. is an SGR specializing in the Real Estate industry…

Dip_Mergers
18 Feb 21: Itago enters Mecatronic: the firms

Itago enters Mecatronic: the firms Milan, 18 February 2021 – Law firm Pavia e Ansaldo, with a team coordinated by partner Alberto Bianco and formed by Andrea Romanò and Giulio Nobile, assisted Itago SGR in the first investment of the new fund which acquired a majority shareholding of the capital of SR-Mecatronic, a company active in the production and marketing of satellite antennas, control systems, conditioners and home automation for caravans and motorhomes, with significant market quotas abroad (Europe and Australia). The group started an internal growth process aiming at doubling the revenues in the next three years.   The…

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25 Jan 21: Pavia e Ansaldo with GPI in the acquisition of Hemasoft Software

Pavia e Ansaldo with GPI in the acquisition of Hemasoft Software Milan, 25 January 2021 – Law firm Pavia e Ansaldo, with a team composed of partners Meritxell Roca Ortega and Vittorio Loi and of associates Alessandro Tenchini, Fabio Lui and Javier Vicente García, assisted GPI S.p.A. in the acquisition of the entire share capital of the Spanish company Hemasoft Software S.L.   GPI is the leading Italian group in IT solutions for Healthcare and Social services, operating abroad in over 60 countries and listed on the MTA market of Borsa italiana (the Italian Stock Exchange) since December 2018. With this…

Dip_Mergers
18 Jan 21: CBA, Pavia e Ansaldo and Orrick in the acquisition of Eiffel Industrie Materie Plastiche

CBA, Pavia e Ansaldo and Orrick in the acquisition of Eiffel Industrie Materie Plastiche Milan, 18 January, 2021 – CBA, Pavia e Ansaldo and Orrick in the company re-organization and leverage buy out transaction for the acquisition of the company Eiffel Industrie Materie Plastiche S.p.A., located in Fontanellato (Parma), which is one of the main Italian players in the sector of manufacture and processing of plastic materials.   CBA assisted the buyers with a team composed by the partner Emanuela Sabbatino, the associate Alessandro Ronchini and the collaborator Tullia Domizia Di Segni for aspects regarding company law and all the contractual…

Dip_Mergers
8 Jan 21: Pedersoli and Pavia e Ansaldo in the investment in Treedom

Pedersoli and Pavia e Ansaldo in the investment in Treedom Milan, 8 January, 2021 – 8a+ Investimenti SGR, owned by Banca Generali, through its Fund 8a+ Real Innovation, announced the entry in Treedom, a company based in Florence active in reforestation and environment services; it is one of the most innovative businesses in the fields of agri-tech,  consumer-tech and sustainability.   Through this transaction, mainly aiming at growing abroad and with the view of its listing, the Fund 8a+ Real Innovation enters as lead investor in Treedom’s capital increase.   Pedersoli Studio Legale acted as deal counsel for 8a+ Investimenti SGR…

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30 Dec 20: Savills Investment Management SGR acquires two retirement homes from BNP Paribas Reim Italy sgr: all the firms involved

Savills Investment Management SGR acquires two retirement homes from BNP Paribas Reim Italy sgr: all the firms involved Milan, 30 December 2020  – Law firm Pavia e Ansaldo, Legance – Avvocati Associati, Pirola Pennuto Zei & Associati and Duff and Phelps involved in the acquisition of two residences for the elderly located in Lombardy, both leased to a company leader in assistance and care services.   Legance – Avvocati Associati, Pirola Pennuto Zei & Associati assisted the seller BNP Paribas Reim Italy sgr, which acted on behalf of one of its managed real estate funds reserved to professional investors. The…

Dip_Mergers
16 Dec 20: Pavia e Ansaldo with Menghi in the acquisition of Grosso

Pavia e Ansaldo with Menghi in the acquisition of Grosso Milan, 16 December, 2020 – Menghi S.p.A., leader in Italy in the production of footware and soles in EVA (ethylene vinyl acetate) and in thermoplastic materials for the luxury sector, with offices in Loreto (AN) and more than 300 employees, acquired 100% of the capital of Grosso S.r.l., a leading company in the production of moulds for luxury and mountain shoes, founded by Paolo Grosso in the Eighties in the heart of the footware district of Marche Region, with offices in Civitanova Marche (MC), counting among its main clients on…

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23 Oct 20: Pavia e Ansaldo with Ethica Global in the acquisition of DM Tecnik

Pavia e Ansaldo with Ethica Global in the acquisition of DM Tecnik Milan, 23 October 2020 – Law firm Pavia e Ansaldo, with a team coordinated by partner Alberto Bianco and made up of Erica Lepore and Andrea Romanò, assisted the investment holding company Ethica Global Investments S.p.A. in the acquisition, through the investee company TechVision, of a majority shareholding in the capital of DM Tecnik S.r.l., a company in Belluno active in the manufacturing and marketing of minute metallic parts for the eyeglasses sector.   Tax and accounting aspects of the transaction were managed, on behalf of the buyer,…

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9 Oct 20: Master Operazioni di M&A e Joint-Venture Societarie

MASTER OPERAZIONI DI M&A E JOINT-VENTURE SOCIETARIE Gli accordi principali e gli accordi accessori   Incontro con i professionisti di Pavia e Ansaldo   Focus di diritto civile. Il tema della vincolatività e della responsabilità precontrattuale in relazione a: term sheet, letters of intent, binding e non-binding offers.   Come redigere e come negoziare il contratto di acquisizione e le clausole più rilevanti: • le condizioni sospensive (come definirle e come strutturarle); • il prezzo (clausole di earn out / anti-embarrassment clause); • locked box vs. “closing accounts”; • la gestione del periodo interinale; • il sistema di aggiustamento del…

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5 Oct 20: Pavia e Ansaldo with Bracchi in the acquisition of Peterlini’s exceptional transports

Pavia e Ansaldo with Bracchi in the acquisition of Peterlini’s exceptional transports Milan, 5 October 2020 – The acquisition by Bracchi Group of Peterlini, a company in Parma active since 1967 in the “technical heavy” exceptional transports, has been executed. The Bracchi Group is among the leaders in Europe in the high value logistics sector and transport, even exceptional, focusing in particular on the business of elevators, agricultural machines, cosmetics, fashion and beverage. The company, included in the portfolio of the IGI Private Equity fund, closed 2019 with a turnover of nearly 140 million euro and, with this transaction, continues along…

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7 Aug 20: The law firms in the acquisition of Surfaces by TA Associates

The law firms in the acquisition of Surfaces by TA Associates Milan, 7 August 2020 – TA Associates, a private equity company counting on over fifty years’ experience, announced it entered into an agreement for the acquisition from Astorg of the Surfaces group active in the production of diamond abrasive tools for finishing on ceramics, stone, glass and mechanical components, present on the market with the brands Surfaces Technological Abrasives, Adi, No Coat, Rbm and International Chips. Latham & Watkins assisted TA Associates with a team guided by Stefano Sciolla (in the photo) and made up by Giovanni Spedicato, Andrea Stincardini, Federica…

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6 Aug 20: Pavia e Ansaldo with Skytanking Holding GmbH in the sale of the Italian controlled company Skytanking S.r.l.

Pavia e Ansaldo with Skytanking Holding GmbH in the sale of the Italian controlled company Skytanking S.r.l. Rome, 6 August 2020 – Law firm Pavia e Ansaldo assisted Skytanking Holding GmbH, world leader in fuel assistance services, in the sale to Carboil S.r.l. of the Italian controlled company Skytanking S.r.l.. Skytanking is a leader in the market and operates in Italy in the airports of Rome Fiumicino, Naples, Venice and Palermo. Pavia e Ansaldo managed all legal aspects of the beauty contest and the following negotiation with a team coordinated by the responsible partner Filippo Fioretti and, for the corporate M&A…

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31 Jul 20: Pavia e Ansaldo with Marcelo Burlon in the entry in Healthy Color

Pavia e Ansaldo with Marcelo Burlon in the entry in Healthy Color Milan, 31 July 2020 – Law firm Pavia e Ansaldo, with a team made up by partner Alberto Bianco and associate Giulio Nobile, assisted Marcelo Burlon regarding all legal aspects in connection with the transaction for the entry, with a qualified minority shareholding, in the share capital of Healthy Color, the healthy fast food opened in October 2019 by Andrea Petagna and Sfera Ebbasta in via della Moscova in Milan. The investment transaction aims at financing the growth route of healthy color, a brand of Milan with a strong identity…

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13 Jul 20: Grafiche Favillini (Arcadia SGR) takes over 100% of Idea Grafica: all the firms

Grafiche Favillini (Arcadia SGR) takes over 100% of Idea Grafica: all the firms Milano, 13 July 2020 – Grafiche Favillini and Idea Grafica, companies belonging to the Favillini Group, active in the market of secondary packaging for the pharmaceutical and nutraceutical sectors, announced a new strategic partnership to set up a company for the Italian market in the development and manufacturing of casing and warning labels for the main Italian pharma companies. Grafiche Favillini, possessed for the majority by Arcadia SGR, as for 40% by brothers Eugenio and Alberto Favillini and for the minority by industrial investors, took over 100%…

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8 Jul 20: HIG Capital enters Project Informatica Group: the law firms

HIG Capital enters Project Informatica Group: the law firms Milan, 8 July, 2020 – Law firm Pavia e Ansaldo, with a multidisciplinary team coordinated by Partner Alberto Bianco and made up of Erica Lepore, Nicoletta Botta and Giulio Nobile, for corporate, M&A and banking aspects, and by Partner Filippo Fioretti, with the support of Maria Rosaria Raspanti, for antitrust matters, assisted H.I.G. Europe, European branch of the international investment fund H.I.G. Capital, in the acquisition of a majority shareholding in the Group belonging to Project Informatica S.r.l., main operator of the Italian information technology market, with offices in Stezzavno (Bergamo)…

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3 Jul 20: Fomas Group acquires the laminates branch of M4U

Fomas Group acquires the laminates branch of M4U Milan, 3 July 2020 – Fomas Group, multinational Group with headquarters in Lombardy, leader in the realization of forgings and laminated steel rings, completed the acquisition of the entire corporate capital of M4U Laminati S.r.l., through the company Hot Roll S.r.l. included in Fomas Group “small rings division”; M4U Laminati S.r.l., is the company in which the branch regarding mechanical processing of laminated rings of M4U S.r.l. was merged, while this latter remains the main reference point for tubes and forgings.   The new M4U Laminati S.r.l. will be active for the main…

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2 Jul 20: Pavia e Ansaldo with Assiteca for the expansion in Spain

Pavia e Ansaldo with Assiteca for the expansion in Spain Madrid, 2 July 2020 – Law Firm Pavia e Ansaldo, with a team made up by the partner responsible for the Barcelona office, Meritxell Roca Ortega, and by the associate Javier Vicente García, assisted the Spanish branch of the listed company Assiteca in the acquisition of Brosacor, insurance broker with offices in Madrid.   Assiteca is the largest Italian insurance broker. It advises its clients in the analysis of risks, intermediation and management of insurance portfolios both at a national and international level. It has offices in Spain (Madrid and Barcelona) since…

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23 Jun 20: The Impact of Covid-19 on In-House Legal Departments

THE IMPACT OF COVID-19 ON IN-HOUSE LEGAL DEPARTMENTS International Webinar   Jun 23, 2020 05:00 PM in Rome   Program   Speakers Fabio Bertoni, General Counsel, The New Yorker Magazine – USA Mohamed Elmogy, General Counsel Middle East and North East Africa, Siemens – UAE Luis F. Lozano Olivares, Legal Government & Iindustry Affairs Senior Director and General Counsel & Compliance, Toyota Mexico – Mexico Simona Musso, Group General Counsel, Lavazza – Italy Eduardo Ruiz, VP & Deputy General Counsel Global Regions EMEA, APJ, Latam, Hewlett Packard Enterprise – Spain Jasprit Sahnsi, Deputy General Counsel, Selecta – Switzerland Mahmoud Shaarawy,…

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22 Jun 20: Pavia e Ansaldo with Omnia Hotels for the opening of two new 4-stars hotels in Rome

Pavia e Ansaldo with Omnia Hotels for the opening of two new 4-stars hotels in Rome Milan, 22 June 2020 – The law firm Pavia e Ansaldo assisted the Group OMNIA HOTELS in four different transactions, one connected to the other, for the acquisition of corporate shares, sale and purchase of real estate and long-term commercial lease, resulting in the purchase or the acquisition of use of four hotel facilities in Rome (in the area of Piazza dell’Indipendenza). The buildings – after refurbishment, reconversion and redevelopment – will be joined one to the other leading to the opening of two new 4-stars…

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13 Jun 20: Italian Liquidity Law Decree: new urgent golden power measures in Italy

Italian Liquidity Law Decree: new urgent golden power measures in Italy The Italian Liquidity Law Decree (last April, 8th) has introduced new urgent golden power measures in Italy, providing for prior notification to the Italian Government each act or transaction (such as resolutions or other acts that modify the ownership, control or availability of company’s’ strategic assets and each direct investment by a foreign company, including those belonging to the European Union), in the following sectors: a) ‘critical’ infrastructures’ (energy, transport, water, health, aerospace, financial, credit, insurance and data storage, communication, media) b) ‘critical’ technologies (artificial intelligence, robotics, semiconductors, cybersecurity,…

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29 May 20: Pavia e Ansaldo with GPI S.p.A. in the acquisition of strategic assets from Haemonetics Corporation

Pavia e Ansaldo with GPI S.p.A. in the acquisition of strategic assets from Haemonetics Corporation Milan, 29 May 2020 – Law firm Pavia e Ansaldo, with a team coordinated by the partner Vittorio Loi and by the senior associate Fabio Lui, assisted GPI S.p.A., a leading company in IT solutions for the health care and social sectors, in the acquisition of certain assets of the business unit “Blood Center” dedicated to the management of blood donors of Haemonetics Corporation.   The law firm acted in the transaction supporting the American law firm GTC, led by Sean Belanga, co-founder and shareholder.   The…

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11 May 20: Pavia e Ansaldo with IDeA Agro in the entry in Ingino

Pavia e Ansaldo with IDeA Agro in the entry in Ingino Milan, 11 May, 2020 – The law firm Pavia e Ansaldo, with a team coordinated by the partner Alberto Bianco and made up of Nicoletta Botta, Giulia Favero, Francesco Vitella and Rosie Schifino assisted IDeA Agro, a thematic fund dedicated to investments in companies of the agricultural production chain, managed by DeA Capital Alternative Funds Sgr S.p.A. and lead by the Managing Director Pier Felice Murtas. The transaction consisted in the execution of a binding agreement for the entry of IDeA Agro in the corporate capital of Ingino S.p.A. by…

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19 Mar 20: Pavia e Ansaldo with Threestones Fund for the acquisition of the sixth residence in Spain

Pavia e Ansaldo with Threestones Fund for the acquisition of the sixth residence in Spain Barcelona, 19 March, 2020 – Law firm Pavia e Ansaldo, with a team made up of the partner responsible for the office of Barcelona, Meritxell Roca Ortega, and by lawyers Alessandro Tenchini and Javier Vicente García, assisted the Luxembourg investment fund TSC Fund Eurocare Real Estate, managed by Threestones Capital Management S.A., in the acquisition of the residence for elderly people “Torre del Angel” (Zaragoza), thus increasing to six its portfolio of centres for residence of the elderly in Spain. Threestones Capital Management S.A. is…

Dip_Mergers
3 Feb 20: Pavia e Ansaldo with Threestones Fund for the acquisition of the fifth residence in Spain

Pavia e Ansaldo with Threestones Fund for the acquisition of the fifth residence in Spain Barcelona, 3 February 2020 – Law firm Pavia e Ansaldo, with a team made up by the partner responsible of the Barcelona office, Meritxell Roca Ortega, and by lawyers Alessandro Tenchini and Javier Vicente García, assisted the Luxemburg investment fund TSC Fund Eurocare Real Estate, managed by Threestones Capital Management S.A., in the acquisition of the residence for the elderly “Puente Viesgo” (Cantabria), expanding to five its portfolio of long-term care centres in Spain. Threestones Capital Management S.A. is an SGR specializing in the Real Estate sector, operating under the…

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22 Jan 20: Pavia e Ansaldo with H.I.G. in the acquisition of Scatolificio Giorgi

Pavia e Ansaldo with H.I.G. in the acquisition of Scatolificio Giorgi Milan, 22 January 2020 – Pavia e Ansaldo Law Firm, with a team coordinated by partner Alberto Bianco and made up of Nicoletta Botta and Erica Lepore, assisted Cadicagroup S.r.l., portfolio company of the fund H.I.G. Europe specializing in supplying accessories such as labels, tags and packaging for the main clothing brands active in the premium and absolute luxury segments; the assistance regarded corporate, contractual and banking aspects in connection with the acquisition of the majority of the share capital of Scatolificio Cartotecnica Giorgi S.r.l., historical company which has been active for 40 years in…

Dip_Mergers
22 Jan 20: Pavia e Ansaldo with H.I.G. in the acquisition of Scatolificio Giorgi

Pavia e Ansaldo with H.I.G. in the acquisition of Scatolificio Giorgi Milan, 22 January 2020 – Pavia e Ansaldo Law Firm, with a team coordinated by partner Alberto Bianco and made up of Nicoletta Botta and Erica Lepore, assisted Cadicagroup S.r.l., portfolio company of the fund H.I.G. Europe specializing in supplying accessories such as labels, tags and packaging for the main clothing brands active in the premium and absolute luxury segments; the assistance regarded corporate, contractual and banking aspects in connection with the acquisition of the majority of the share capital of Scatolificio Cartotecnica Giorgi S.r.l., historical company which has been active for 40 years in…

Dip_Mergers
10 Jan 20: Pavia e Ansaldo with Railpool for the acquisition of LocoItalia’s Electric Locomotive Division from FNM and Tenor

Pavia e Ansaldo with Railpool for the acquisition of LocoItalia’s Electric Locomotive Division from FNM and Tenor Milan, 10 January 2020 – Germany’s Railpool Group has signed an agreement with FNM S.p.A. of Milan, Italy, and Tenor S.r.l. of Genova, Italy, for the acquisition of the Electric Locomotive Division of LocoItalia S.r.l.. The completion of the transaction is subject to various conditions. The parties agreed to keep the value of the transaction confidential. RAILPOOL is one of the largest rolling stock providers in Europe with more than 400 locomotives offering real expertise for full service from a single source. With the…

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12 Dec 19: Pavia e Ansaldo and Spada Partners with IDeA Agro in the entry in Tarulli

Pavia e Ansaldo and Spada Partners with IDeA Agro in the entry in Tarulli Milan, 12 December 2019 – Law Firm Pavia e Ansaldo assisted fund “IDeA Agro”, a fund dedicated to investments in companies of the agricultural supply chain, managed by DeA Capital Alternative Funds SGR, with the support on business matters of Giuseppe Liso and Angelo Donato Berloco di Ettore Fieramosca, advisory company of the Fund. The transaction regarded the acquisition of a qualified minority shareholding in “Azienda Agricola Antonio Tarulli S.r.l.”, a company based in Puglia, leader in the cultivation and marketing of organic and biodynamic grapes….

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21 Nov 19: Il controllo degli investimenti esteri diretti in Italia e le modifiche alla Golden Power da parte del Decreto Cybersecurity

Il controllo degli investimenti esteri diretti in Italia e le modifiche alla Golden Power da parte del Decreto Cybersecurity Il 21 novembre 2019 è stato convertito in legge il Decreto Cybersecurity con il quale sono stati rafforzati i poteri speciali del Governo italiano in relazione agli investimenti esteri diretti nel territorio nazionale; rafforzata ed estesa la Golden Power del Governo rispetto ad un certo numero di settori chiave (quali ad esempio la tecnologia 5G) la normativa istituisce altresì un “perimetro di sicurezza cibernetico” al fine di assicurare un elevato livello di sicurezza delle reti, dei sistemi informativi e dei servizi…

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18 Nov 19: Pavia e Ansaldo with Mittel in the acquisition of Ciesse Piumini

Pavia e Ansaldo with Mittel in the acquisition of Ciesse Piumini Milan, 18 November 2019 – Pavia e Ansaldo assisted Mittel S.p.A. in the acquisition of a quota equal to 90% of Sport Fashion Service S.r.l., a company operating in the market of informal clothing and in particular in the segments urban/lifestyle and outdoor, through the iconic brand Ciesse Piumini. The transaction strengthens Mittel’s strategic plan focused on the creation of value through a strategy of differentiating investments in “Made in Italy” sectors of excellence. The acquisition was entirely financed with Mittel’s own resources. Pavia e Ansaldo, with partners Stefano Bianchi and Anna Saraceno and…

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8 Nov 19: Pavia e Ansaldo, Chiomenti and Dentons in the purchase of C.B.G Acciai by Xenon

Pavia e Ansaldo, Chiomenti and Dentons in the purchase of C.B.G Acciai by Xenon Milan, 8 November 2019 – Yesterday the fund Xenon Private Equity VII finalized the closing of the purchase of the C.B.G. Acciai group, leader in the manufacture, transformation and marketing of steel with particular reference to the manufacture of blades for bandsaws of all kinds. In the context of the transaction, managed by the Xenox’s managing director, Franco Prestigiacomo, Pavia e Ansaldo counselled the purchaser for all the corporate, M&A and banking aspects, including the negotiation of a loan with MPS Capital Services Banca for the…

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31 Oct 19: Latham & Watkins, Pavia e Ansaldo, Gattai, Minoli Agostinelli & Partners in the sale of the De Wave group from Xenon to Platinum Equity

Milan, 31 October 2019 – Latham & Watkins with a team made up of Cataldo Piccarreta, Marcello Bragliani, Antongiulio Scialpi, Alessia de Coppi, Federico Borgogno, Riccardo Coghe, Giulio Palazzo, Daniele Pojani, Matteo Festa and Paola Nava, assisted Platinum Equity in the acquisition of the De Wave group, which operates in the sector of planning, manufacture, installation and refitting of arrangements of large and cruise ships. For the tax aspects Platinum Equity was assisted by EY with a team made up of Quirino Imbimbo and Alessandro Pina. The seller Xenon Private Equity was counselled by Law firm Pavia e Ansaldo with a…

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30 Oct 19: Pavia e Ansaldo with Elledue and Ethica in the acquisition of Biemme

Milan, 30 October 2019 – Law firm Pavia e Ansaldo, with a team coordinated by partner Alberto Bianco and made up of Dario Rovelli, Erica Lepore, Nicoletta Botta and Pierluigi Ariete, assisted, the holding Elledue S.r.l. in all corporate, M&A and banking aspects of the acquisition, by Mr. Giuliano Borca Casanova, of a shareholding equal to 100% of the share capital of Biemme S.r.l., a company of Valdobbiadene leader in the superficial finishes, galvanic and coating processes for eyewear. Elledue already holds 100% of the share capital of Ideal S.r.l., a company operating in the production and marketing of components of small metal parts for eyeglasses. In the…

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30 Oct 19: The legal advisors in the acquisition of Luna Abrasivi by Surfaces

The legal advisors in the acquisition of Luna Abrasivi by Surfaces Milan, 30 October 2019 – Yesterday the company Surfaces Technological Abrasives S.p.A. finalized the closing of the purchase of Luna Abrasivi S.r.l., which is a world leader in the production of tools and chemical products devoted to the processing and industrial finishing of ceramics, granite, marble and agglomeration, active in all major international markets. With said acquisition, the Surfaces Group strengthens its world leadership in the sector of diamond tools, counting on 500 highly-qualified employees, 6 production and assembly sites in Italy (Cenate Sotto (in the province of Bergamo), Thiene…

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15 Oct 19: Pavia e Ansaldo e Nctm nell’acquisizione del gruppo Zecchetti da parte di Emmeti

Pavia e Ansaldo e Nctm nell’acquisizione del gruppo Zecchetti da parte di Emmeti Milan, 15 October 2019 – The closing of the acquisition of the Zecchetti group by the company Emmeti S.r.l. took place today. Emmeti is controlled by the Xenon Private Equity VI fund, and Zecchetti is a leader in the production of automated equipment for the transport and palletisation of glass and plastic containers, in addition to automated systems of storage. Thanks to this acquisition the Emmeti group earns the undisputed leadership of the target market. In the context of the transaction, managed by Xenon’s managing director, Franco Prestigiacomo,…

Dip_Mergers
4 Oct 19: LMCR con Mandarin Capital Partners per l’ingresso in Neronobile

LMCR con Mandarin Capital Partners per l’ingresso in Neronobile LMCR, con un team composto da Roberto Rio, Elmar Zwick ed Elisabetta Pero, ha assistito il fondo di private equity Mandarin Capital Partners III nell’ingresso nel capitale sociale di Neronobile, gruppo italiano attivo nella commercializzazione di caffè in capsula, macinato e in grani. Mandarin Capital Partners III ha rilevato la maggioranza di Neronobile dalla famiglia fondatrice, che ha mantenuto una partecipazione di minoranza e manterrà le posizioni di management nella società. I venditori sono stati assistiti dallo studio legale Pavia e Ansaldo, con un team composto dal partner Alberto Bianco e dall’associate Erica Lepore. Il Dott. Francesco Saltarelli (Partner) e il Dott. Francesco…

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3 Oct 19: RCCD e Pavia e Ansaldo nella Joint Venture Manucor

RCCD e Pavia e Ansaldo nella Joint Venture Manucor Milano, 3 ottobre 2019 – Manucor, società che opera nel settore della fabbricazione di imballaggi in materie plastiche, è entrata in joint venture con Biaxplen, principale produttore russo di film BOPP e parte del gruppo Sibur, la quale ha acquisito il 50% del capitale della società. Nel contesto della transazione, Manucor ha sottoscritto un accordo in esecuzione del piano attestato di risanamento ai sensi dell’articolo 67, 3°comma lett. d) della legge fallimentare con Intesa Sanpaolo e Loren SPV S.r.l., società di cartolarizzazione che ha sottoscritto il 50% del capitale della società….

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30 Sep 19: Pavia e Ansaldo con il Fondo Threestones per l’acquisizione di tre residenze in Spagna

Pavia e Ansaldo con il Fondo Threestones per l’acquisizione di tre residenze in Spagna Barcellona, 30 settembre 2019 – Lo studio legale Pavia e Ansaldo, con un team composto dalla partner responsabile della sede di Barcellona, Meritxell Roca Ortega, e dagli associati Alessandro Tenchini e Javier Vicente García, ha prestato consulenza al fondo di investimento del Lussemburgo TSC Fund Eurocare Real Estate, gestito da Threestones Capital Management S.A., nell’acquisizione delle residenze per anziani “Sa Residència” (Ibiza), “La Saleta Villagonzalo” (Burgos) e “Jardins de Valldoreix” (Sant Cugat del Vallès) in Spagna, che continueranno ad essere gestite dal gruppo Colisée. Threestones Capital Management S.A., è una SGR specializzata in…

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24 Sep 19: The law firms in the Italcanditi-Rubicone transaction

The law firms in the Italcanditi-Rubicone transaction Milan, 24 September 2019 – Italcanditi, the leader in Italy in the production of ingredients made of fruit and creams destined mainly to the food industry, informs about the acquisition of the majority of the sharecapital of Prodotti Rubicone, based in Bertinoro (FC), which is the main player in 70 countries of the 5 continents in the production of ingredients for artisanal ice cream. Italcanditi was assisted in the transaction by Chiomenti Law Firm for legal and fiscal aspects, and in particular by partner Luca Liistro and senior associate Corrado Borghesan. Rubicone’s legal advisor…

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23 Sep 19: Pavia e Ansaldo with Croma Pharma for the acquisition of Orlicom

Pavia e Ansaldo with Croma Pharma for the acquisition of Orlicom Milan, 23 September 2019 – Croma Pharma GmbH of Leobendorf, Austria, has acquired Orlicom S.r.l. of Milan, Italy. Croma Pharma is producing and distributing drugs and devices in the medical/cosmetic sector. Orlicom is the Italian distributor of Croma Pharma’s products. Pavia e Ansaldo assisted Croma Pharma with a team led by partner Sven von Mensenkampff (M&A, lead) with partner Valentina Simonelli (employment), and associate Valeria Benasciutti (M&A).”  

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16 Sep 19: Valedo under the control of IPE. The firms

Valedo under the control of IPE. The firms Milan, 16 September 2019 – IPE (Investimenti in Private Equity), holding di partecipazioni facente riferimento alla famiglia di Gianfilippo Cuneo, unitamente ad altri investitori, ha acquisito, mediante un’operazione di leveraged buy out, il controllo della società Valedo S.r.l., società leader nel settore del barter pubblicitario per la distribuzione di prodotti farmaceutici OTC con un fatturato pari a circa 100 milioni di euro. Il fondatore Carlo Santoro mantiene una consistente partecipazione di minoranza e continua a ricoprire la carica di Presidente e Amministratore Delegato della società. Nell’ottica di un rafforzamento manageriale, il Dott. Carlo…

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13 Sep 19: Chiomenti and Pavia e Ansaldo in the acquisition of Menghi Shoes & Co. by Lion Capital

Chiomenti and Pavia e Ansaldo in the acquisition of Menghi Shoes & Co. by Lion Capital Milan, 13 September 2019 – Chiomenti has assisted the private equity fund Lion Capital in the acquisition of the whole share capital of the Menghi Group, made up of the companies Menghi Shoes & Co S.r.l., Alemplast S.r.l. and Menghi Shoes S.r.l. The Fund acquired the Group, the national leader in the production of shoes and soles made of EVA and thermoplastic materials for the luxury sector from the Menghi family, who will reinvest a minority shareholding in the Newco at the end of the…

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11 Jul 19: Jones Day and Pavia e Ansaldo in the entry of Gulftech in ABL

JONES DAY AND PAVIA E ANSALDO IN THE ENTRY OF GULFTECH IN ABL Milan, 11 July 2019 – Gulftech International Inc., is a privately-owned American holding of a group of companies known worldwide in the planning, manufacturing, leasing and sale of equipment and industrial components serving many among the most important manufacturing and food processing companies; Gulftech completed the purchase, from NEIP III and the Ascari Family, of a shareholding equal to 100% of the share capital of ABL S.p.A., a company having its registered office in Cavezzo, leader in the planning, manufacturing and marketing of machines and equipment for fruit…

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28 Jun 19: Pavia e Ansaldo with Mittel in the acquisition of Disegno Ceramica

PAVIA E ANSALDO WITH MITTEL IN THE ACQUISITION OF DISEGNO CERAMICA Milan, 28 June 2019 – Pavia e Ansaldo assisted Mittel S.p.A. in the acquisition of an 80% stake in Disegno Ceramica S.r.l., a historical enterprise operating in the district of the bathroom furniture of Viterbo (North of Rome). The transaction strengthens Mittel’s project to create around Ceramica Cielo S.p.A. a pole of excellence in the design sector characterized by a clear identity in different segments and products. The acquisition was completed through the subholding company Mittel Design S.r.l. and was entirely financed with its own resources. Pavia e Ansaldo, with…

Dip_Mergers
26 Jun 19: Pavia e Ansaldo con Intesa Sanpaolo nell’investimento in Backtowork24

PAVIA E ANSALDO CON INTESA SANPAOLO NELL’INVESTIMENTO IN BACKTOWORK24 Milan, 26 June 2019 – The Intesa Sanpaolo Group concluded an investment transaction in the capital of Backtowork24, a leading Italian operator in the equity crowdfunding sector and operator of the online portal for the collection of risk capitals www.backtowork24.com. The transaction was completed through Neva Finventures, the Corporate Venture Capital belonging to Intesa Sanpaolo Innovation Center that invests in fintech companies synergic with the Group’s activities or with new business models that are potentially disruptive for the sector. Pavia e Ansaldo, with partner Carlo Trucco, assisted Neva Finventures for all the…

Dip_Mergers
22 May 19: Pavia e Ansaldo in the acquisition of CSC Sartori by Tecno Pool

PAVIA E ANSALDO IN THE ACQUISITION OF CSC SARTORI BY TECNO POOL Milano, 22 maggio 2019 – Law firm Pavia e Ansaldo assisted Xenon Private Equity VI backed Tecno Pool S.r.l. in the acquisition of CSC Sartori, a company operating in design and manufacturing of baking machinery for industry and handcraft. As a consequence the Tecno Pool Group expands its range of products in this market and confirms its undisputed leadership in the production of machinery and facilities for food handling and processing. Pavia e Ansaldo acted with a team made up of partner Giuseppe Besozzi, counsel Maria Chiara Puglisi and trainee Nicoletta Botta. CSC…

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15 May 19: The new golden power of the Italian government relating to 5G

The new golden power of the Italian government relating to 5G Milano, 15 maggio 2019 – Law Decree No. 22 of 25 March 2019, the so-called ‘Brexit Decree’, containing “Urgent measures to ensure security, financial stability and market integrity, as well as protection of the health and freedom of residence of Italian citizens and those of the United Kingdom, in the event of the latter’s withdrawal from the European Union ”, introduced Article 1-bis, entitled “Special powers concerning broadband electronic telecommunications networks with 5G technology”, in the Law Decree No. 21 of 15 March 2012 (converted with amendments by Law No. 56 of…

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13 May 19: Unindustria con Pavia e Ansaldo per l’evento “Alla scoperta del Qatar, opportunità e strumenti per fare business”

UNINDUSTRIA CON PAVIA E ANSALDO PER L’EVENTO “ALLA SCOPERTA DEL QATAR, OPPORTUNITÀ E STRUMENTI PER FARE BUSINESS” Roma, 13 maggio 2019 – “Alla scoperta del Qatar, opportunità e strumenti per fare business” è stato il tema del convegno organizzato da Unindustria in collaborazione con lo Studio legale Pavia e Ansaldo, tenutosi presso la sede di Unindustria a Roma. Durante l’incontro sono state illustrate alle imprese italiane le concrete opportunità di business e sviluppo in una delle realtà più dinamiche e in crescita dei Paesi del Golfo, e una delle più prospere a livello mondiale con particolare interesse anche al settore delle…

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10 May 19: Pavia e Ansaldo with Albini & Pitigliani for the entry into the Spanish shipping market

PAVIA E ANSALDO WITH ALBINI & PITIGLIANI FOR THE ENTRY INTO THE SPANISH SHIPPING MARKET Barcelona, 10 May 2019 – Law firm Pavia e Ansaldo, with a team made up of the Partner Responsible for the Barcelona office, Meritxell Roca Ortega, and Associate Javier Vicente García, assisted the company Albini & Pitigliani S.p.A. (ALPI) in its entry into the Spanish shipping market, through the setting up of a joint venture with the Spanish company Alter Capital & Logistics SA, located in the Barcelona harbour and belonging to the Conrad Bofill Cia SA Group. The joint venture will operate under the name BCN Euroexpress…

Dip_Mergers
8 May 19: Pavia e Ansaldo with Akos and Itago for Scame’s majority interest

PAVIA E ANSALDO WITH AKOS AND ITAGO FOR SCAME’S MAJORITY INTEREST Milan, 8 May 2019 – The majority stake in Scame Forni Industriali S.p.A. located in Mareno di Piave in the Treviso Province, a PMI active for almost forty years in the production of industrial ovens for the thermal treatment of special alloys, was acquired by H4.0, an investment vehicle set up for a “club deal” in which selected entrepreneurial families of the Italian Nord-East participated. The transaction is part of a broader project aimed at supporting PMIs thanks to the know-how and the support of businesses and management of the…

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6 May 19: Pavia e Ansaldo with HIG Europe in the acquisition of Cadicagroup, Bernini and Tessilgraf

PAVIA E ANSALDO WITH HIG EUROPE IN THE ACQUISITION OF CADICAGROUP, BERNINI AND TESSILGRAF Milan, 6 May 2019 – H.I.G. Europe, the European branch of the international investment fund H.I.G. Capital, completed the simultaneous acquisition of a controlling interest in Cadicagroup S.p.A., Tessilgraf S.r.l. and Bernini S.r.l., which together will form one of the main international providers of accessories for the products of the world of fashion, with the aim to reach within a year – through the platform – a turnover equal to € 100 million. In particular, the group specializes in the supply of accessories such as labels, badges…

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15 Apr 19: Pavia e Ansaldo con Taroni RE nell’acquisizione di Canepa Holding

PAVIA E ANSALDO CON TARONI RE NELL’ACQUISIZIONE DI CANEPA HOLDING Milan, 15 April 2019 – Law firm Pavia e Ansaldo assisted Taroni RE, held by Como enterpreneur Michele Canepa, in the acquisition of 96% of the shares of Canepa Holding S.r.l, the parent company of Canepa S.p.A. in composition procedure, a historical producer of top-of-the-range silk, as well as of Tessitura Serica Molinelli, Tessitura del Salento Industriale and Stil S.r.l. Taroni RE’s and Canepa S.p.A.’s businesses complement each other in the fabrics and luxury sector, with a considerable expertise in planning, remarkable creativity and a precious historical archive. Law firm Pavia…

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13 Mar 19: Pavia e Ansaldo and Orrick in the acquisition of International Chips by Surfaces

PAVIA E ANSALDO AND ORRICK IN THE ACQUISITION OF INTERNATIONAL CHIPS BY SURFACES Milan, 13 March 2019 –  Pavia e Ansaldo assisted Surfaces Technological Abrasives S.p.A. in the acquisition of International Chips, leader in the production of consumables for the vibro-finishing of light and ferrous alloys. Thanks to this acquisition, the Surfaces Group broadens its range of consumer goods for the ceramic, stone, glass and mechanical industry by entering the sector of the finishing and super-finishing of fashion accessories, small metal parts and aviation. International Chips (Domodossola, Verbania), where plastic, abrasive, wet and dry molds as well as diamond tools…

Dip_Mergers
7 Mar 19: Pavia e Ansaldo and Shearman & Sterling in the operation Stocksolutions

PAVIA E ANSALDO AND SHEARMAN & STERLING IN THE OPERATION STOCKSOLUTIONS Milan, 7 March 2019 – Pavia e Ansaldo, Shearman & Sterling, McDermott Will & Emery LLP and Simmons&Simmons acted in a Club Deal, the acquisition of Passione Unghie, a leading company in Italy in products and accessories for nail decoration, care and reconstruction by a group of investors led by Orienta Partners, a company specialized in investing in Italian PMIs. The brand was founded in 2011 by Christiana Asekun and Fabio Covioli, and was born out of the passion of Christiana Asekun for the world of Nail Care. It offers…

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21 Dec 18: Pavia e Ansaldo with Xenon Private Equity in the acquisition of Panapesca Group

Pavia e Ansaldo with Xenon Private Equity in the acquisition of Panapesca Group Milan, 21 December 2018 – The investment fund Xenon Private Equity VI SICAR has completed the acquisition of Panapesca Group, leader in the processing, marketing and distribution of fresh, frozen and deep frozen fish products. The transaction was implemented by acquiring 100% of the holding company as well as Thai Spring Fish Co Ltd., Prodimar S.A., Mega Surgelati S.r.l. and a minority shareholding in Tirrenica S.r.l.. In the context of the transaction, Pavia e Ansaldo assisted the purchaser in all the aspects of the acquisition, including the…

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28 Nov 18: Legalitax Studio Legale e Tributario, Pavia e Ansaldo and Dentons in the acquisition of Logiudice Forni and Mimac Italia by Tecno Pool S.p.A.

LEGALITAX STUDIO LEGALE E TRIBUTARIO, PAVIA E ANSALDO AND DENTONS IN THE ACQUISITION OF LOGIUDICE FORNI AND MIMAC ITALIA BY TECNO POOL S.P.A. Milan, 28 November 2018 – Tecno Pool S.p.A. group, leader in the production of plants for the treatment and processing of food products, today completed the acquisition of Logiudice Forni e Mimac Italia, companies operating in the sector of the production of machinery for the baking industry, with a total turnover of over Euro 100 million and 500 employees. The transaction was planned by Xenon Private Equity which last spring had entered the share capital of Tecno…

Dip_Mergers
28 Nov 18: Pavia e Ansaldo with Xenon Private Equity in the acquisition of the Emmeti group

PAVIA E ANSALDO WITH XENON PRIVATE EQUITY IN THE ACQUISITION OF THE EMMETI GROUP Milan, 28 November 2018 – The investment fund Xenon Private Equity VI SICAR completed the purchase of the Emmeti group, leader in the production of complete lines for the glass industry (hollow glass), transport lines and palletising / depalletising systems for the PET / HDPE containers and bottling industry. The acquisition involved 100% of the operating holding company, Emmeti S.p.A., as well as the companies Mectra S.p.A., Sipac S.p.A. and Logik S.r.l. In the context of the transaction, Pavia e Ansaldo assisted the purchasers while the…

Dip_Mergers
22 Nov 18: Pavia e Ansaldo with Threestones for the acquisition of the residence for the elderly Cambrils Suite

PAVIA E ANSALDO WITH THREESTONES FOR THE ACQUISITION OF THE RESIDENCE FOR THE ELDERLY CAMBRILS SUITE Barcelona, 22 November 2018 – Law Firm Pavia e Ansaldo, with a team made up of the partner responsible for the Barcelona office Meritxell Roca Ortega and the associates Alessandro Tenchini and Javier Vicente García counselled the Luxembourg-based investment fund TSC Fund Eurocare Real Estate, managed by Threestones Capital Management S.A., in the acquisition of the residence for the elderly Cambrils Suite, located in the province of Tarragona and measuring 45.000 square meters. Threestones Capital Management S.A. is a savings management company specialized in the Real Estate sector and operating…

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20 Nov 18: Pavia e Ansaldo in the financing for the creation of Relife Group

Pavia e Ansaldo in the financing for the creation of Relife Group Milan, 20 November 2018 – Pavia and Ansaldo, with partner Giuseppe Besozzi and counsel Maria Chiara Puglisi, assisted ReLife in the contractual aspects for the financing necessary for the creation of the group which was made through a series of acquisitions of the group Benfante – consisting of Benfante, Benassi, Ecolfer, Usvardi, Bergadano, Valfreddana Recuperi – and Cartiera di Bosco Marengo. The financing through a bank loan of 88.5 million euro, structured into several lines and also aimed at furthering future growth, was granted by a pool of banks composed of…

Dip_Mergers
29 Oct 18: Pavia e Ansaldo and Accinni Cartolano in Ethica Global’s acquisition of a majority stake in GIA

Pavia e Ansaldo and Accinni Cartolano in Ethica Global’s acquisition of a majority stake in GIA Milan, 29 October 2018 – Ethica Global Investments S.p.A. acquired a majority stake of GIA S.p.A. from Star Capital SGR S.p.A. and further minority shareholders. GIA is an Italian company operating in the planning, production and sale of patented solutions for the thermohydraulics sector. The current managing director, Ing. Fabrizio Pasquini, will remain in the Company with a minority stake. Ethica Global is a group holding company of Ethica Holding, a company founded by Cosimo Vitola and Fausto Rinallo and partially owned by approximately…

Dip_Mergers
28 Sep 18: Pavia e Ansaldo with TMCI Padovan in the acquisition of Impiantinox

Pavia e Ansaldo with TMCI Padovan in the acquisition of Impiantinox Milan, 28 September 2018 – Law firm Pavia e Ansaldo assisted TMCI Padovan S.p.A., leader in the production and marketing of equipment for the production of wine, margarine, beverages and beer, controlled by the fund “Sinergia II” managed by Synergo SGR S.p.A., in the acquisition of Impiantinox S.r.l.. Impiantinox S.r.l. of Sarcedo (in the province of Vicenza) was set up in 1997 and initially operated in the dairy industry. With the brand-name EasyBräu it used the rapid expansion of the craft beer sector, to become an important producer of…

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17 Sep 18: Pavia e Ansaldo in the mandatory full takover bid on Mittel S.p.A.: the tender period starts today

PAVIA E ANSALDO IN THE MANDATORY FULL TAKOVER BID ON MITTEL S.P.A.: THE TENDER PERIOD STARTS TODAY Milan, 17 September 2018 – Pavia e Ansaldo assisted Progetto Co-Val S.p.A., a company owned by the Stocchi family, in the launch of the public takeover bid over the ordinary shares of Mittel, a holding company listed on the Italian Electronic Stock Exchange. Pavia e Ansaldo assisted the bidder with a team led by Francesco Manara, supported by Paola Carlotti, Anna Saraceno and Guglielmo Ferrari. The bid has become mandatory following the transaction of July by which Seconda Navigazione and Fondazione Cassa di Risparmio di Trento e Rovereto…

Dip_Mergers
14 Sep 18: Pavia e Ansaldo and Clifford Chance in TUI’s acquisition of Musement

PAVIA E ANSALDO AND CLIFFORD CHANCE IN TUI’S ACQUISITION OF MUSEMENT Milan, 14 September 2018 – TUI Group has undertaken to acquire 100% of the corporate capital of Musement S.p.A. of Milan from Micheli Associati, P101 SGR, 360 Capital 2011 Investments, Aginvest and InterWest Partners and further minority shareholders. TUI Group is the world’s leading integrated tourism company. Musement provides destination services (services to travellers at the holiday location) through the internet. The acquisition further strengthens TUI’s Destination Experiences division, following the acquisition of the Destination Management business from Hotelbeds Group earlier this year. Pavia e Ansaldo assisted TUI Group…

Dip_Mergers
6 Aug 18: sedApta acquires Atomos FT

SEDAPTA ACQUIRES ATOMOS FT Milan, 6 August 2018 – Pavia e Ansaldo, with partners Daniele Carminati and Meritxell Roca Ortega and counsel Alessandra Grandoni, assisted the majority stakeholder of the target Atomos Ft, a company developing solutions for sales & operations planning with a particular focus on the Italian market, in the context of the acquisition by sedApta. PwC dealt, instead, with the tax aspects. Lca assisted the purchaser sedApta, while for the tax aspects sedApta was assisted by Ricci & Partners. The transaction allows the group to carry on its business growth and development plan by increasing its range of products.

Dip_Mergers
3 Aug 18: Gibson Dunn and Pavia e Ansaldo with Bosch for the sale of the business division ATW (Around The Wheel)

GIBSON DUNN AND PAVIA E ANSALDO WITH BOSCH FOR THE SALE OF THE BUSINESS DIVISION ATW (AROUND THE WHEEL) Milano, 3 August 2018 – The Bosch group has sold the business division ATW (Around the Wheel) to Stargate Capital. The division includes Beissbarth GmbH of Munich, German and Sicam S.r.l. of Correggio, Italy as well as a number of distribution units in various other countries. The division ATW contains above all the design, production and distribution of analytic systems for vehicles and machinery for tyres. The sale and purchase agreement is subject to the usual conditions. The parties have agreed to…

Dip_Mergers
2 Aug 18: Pavia e Ansaldo and BonelliErede in the acquisition of Bassi S.p.A. and SIMAS S.p.A. by Allied International

PAVIA E ANSALDO AND BONELLIEREDE IN THE ACQUISITION OF BASSI S.P.A. AND SIMAS S.P.A. BY ALLIED INTERNATIONAL Milan, 2 August 2018 – The Allied International group – one of the world-leaders in manufacture, distribution and stock of fittings, flanges, tubes, large-radius curves and special products for the Oil&Gas sector – completed the acquisition of 100% of Industria Meccanica Bassi Luigi and C. S.p.A. in composition procedure with creditors (Bassi) and of its subsidiary SIMAS S.p.A.. Bassi and SIMAS are important worldwide players in the sector of the manufacture of fittings and bends for the Oil&Gas industry. The transaction represents one…

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2 Aug 18: Lutech acquires ICTeam: legal counsels take the field

LUTECH ACQUIRES ICTEAM: LEGAL COUNSELS TAKE THE FIELD Milan, 2 August 2018 – Pavia e Ansaldo, with a team made up of Francesco Manara and Paola Carlotti for the corporate and m&a contracts aspects, by Enrico Banchero for the labor law aspects, by Federico Cavazza for the real estate aspects, aided by Fabrizio Smiroldo, assisted the sellers in the sale of the whole share capital of ICTeam, a company operating in the Ict sector (Information and Communication Technology) mainly in the field of big data and business intelligence (data analysis). Caiazzo Donnini Pappalardo assisted the purchaser Lutech, leader of the IT activities in Italy of the One Equity Partners…

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1 Aug 18: Pavia e Ansaldo and PWC Tls in the acquisition of Guarto Guarnizioni by Armacell

PAVIA E ANSALDO AND PWC TLS IN THE ACQUISITION OF GUARTO GUARNIZIONI BY ARMACELL Milan, 1° August 2018 – Law firm Pavia e Ansaldo acted as legal counsel to Armacell on the acquisition of Guarto S.r.l. of Turin with a team led by partner Sven von Mensenkampff and consisting of Luca Montolivo and Elena Biancotto (corporate, M&A), by partner Valentina Simonelli (employment), Massimiliano Patrini (IP) and by partner Mario Di Giulio with Chiara Scarpelli (compliance). The selling majority shareholder of Guarto was assisted by PWC TLS with a team led by partner Fabio Alberto Regoli with Greta Guazzotti while the selling minority shareholder was counselled by Luigi Nuzzo, partner with law firm…

Dip_Mergers
17 Jul 18: Pavia e Ansaldo and LCA for Project Co-Val S.p.A. in the mandatory full takeover bid on Mittel S.p.A.

PAVIA E ANSALDO AND LCA FOR PROJECT CO-VAL S.P.A. IN THE MANDATORY FULL TAKEOVER BID ON MITTEL S.P.A. Milan, 17 July 2018 – Law firm Pavia e Ansaldo assisted Project Co-Val S.p.A. and its majority shareholder Seconda Navigazione S.r.l., controlled by the Stocchi family in a transaction through which Seconda Navigazione S.r.l. and Fondazione Cassa di Risparmio di Trento e Rovereto contributed to Progetto Co-Val the share held by them in Mittel S.p.A., whose ordinary shares are listed on the Electronic Share Market organized and operated by the Italian Stock Exchange. The assistance to Project Co-Val S.p.A. and its majority…

Dip_Mergers
21 Jun 18: Pavia e Ansaldo and Pedersoli in the sale of Mea to Tecnomeccanica

PAVIA E ANSALDO AND PEDERSOLI IN THE SALE OF MEA TO TECNOMECCANICA Milan, 21 June 2018 – Law firm Pavia e Ansaldo, with a team led by partners Alberto Bianco (corporate/M&A) and Marina Balzano (financing), and made up of Fabrizio Smiroldo and Dario Rovelli assisted Tecnomeccanica S.p.A., a subsidiary of IDeA Efficienza Energetica e Sviluppo Sostenibile, an Italian private equity fund specializing in environmental sustainability, operated by DeA Capital Alternative Funds, in the acquisition of 100% of the registered capital of Mea S.r.l. from the industrial group Olsa S.p.A.. Olsa were assisted by law firm Pedersoli with a team coordinated by partners Mario Napoli and Marcello Magro and…

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4 Jun 18: All the advisors in the entry of iCON Infrastructure Partners IV in Eco Eridania S.p.A.

ALL THE ADVISORS IN THE ENTRY OF ICON INFRASTRUCTURE PARTNERS IV IN ECO ERIDANIA S.P.A. Milan, 4 June 2018 – Orrick assisted iCON Infrastructure Partners IV, L.P., a new fund launched by iCON Infrastructure (an independent infrastructure investment fund with over EUR 2,5 billion of invested assets), in the acquisition of a majority stake in Eco Eridania S.p.A. The target is an Italian company operating in the field of collection, transport, storage and disposal of special waste (hazardous and non-hazardous, medical and industrial) and undisputed market leader in Italy in the field of special medical waste management. Sellers Xenon Private…

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24 May 18: Pavia e Ansaldo with Equilybra in the acquisition of Deko

PAVIA E ANSALDO WITH EQUILYBRA IN THE ACQUISITION OF DEKO Milan, 24 May 2018 – Law firm Pavia e Ansaldo, with a team led by partners Alberto Bianco, for corporate/M&A aspects, and Marina Balzano, for financing matters, and made up of Dario Rovelli and Giulio Asquini, assisted Equilybra S.p.A. in the acquisition of a controlling stake in Deko S.r.l.. Since the early 2000’s, Deko has focused on the production and customization of non-stick coatings for the cookware sector. Deko’s role continuously increased in this segment, above all thanks to the high quality and the technical innovation of the products, thereby making the company a worldwide…

Dip_Mergers
16 May 18: Pavia e Ansaldo and NCTM in the acquisition of Atlantic Stars by Alcedo

PAVIA E ANSALDO AND NCTM IN THE ACQUISITION OF ATLANTIC STARS BY ALCEDO Milan, 16 May 2018 – Law firm Pavia e Ansaldo, with a team led by partners Alberto Bianco and Marina Balzano and made up of Dario Rovelli, Giulio Asquini and Nicoletta Botta, assisted Alcedo SGR in the acquisition, through the Fund Alcedo IV, of 60% of Atlantic Stars, an emerging brand in the world of premium sneakers, an icon of the Made in Italy. Alcedo bought the stake from the four founders Alessandro Squarzi, Cristiano Martelli, Gian Luca Zucchelli and Matteo Zoni. The founders, who will maintain a 40% share in the company and will…

Dip_Mergers
11 May 18: Pavia e Ansaldo with Surfaces Technological Abrasives in Nocoat’s entry

PAVIA E ANSALDO WITH SURFACES TECHNOLOGICAL ABRASIVES IN NOCOAT’S ENTRY Milan, 11 May 2018 – Pavia e Ansaldo, with a team led by partner Giuseppe Besozzi with Counsel Maria Chiara Puglisi, counselled Surfaces Technological Abrasives S.p.A., a company leader in the field of tools made from coated abrasives for the lapping treatment of ceramics, on all legal aspects in Surfaces’ acquisition of Nocoat S.p.A., which manufactures and distributes additives, chemical products and industrial equipment for the treatment of ceramic tile surfaces and products in general for flooring and covering products. The transaction is proof of the continuous growth of the Group, which became undisputed…

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10 May 18: All advisors in Fondo Italiano di Investimento’s exit from Brugola O.E.B. Industriale S.p.A.

ALL ADVISORS IN FONDO ITALIANO DI INVESTIMENTO’S EXIT FROM BRUGOLA O.E.B. INDUSTRIALE S.P.A. Milan, 10 May 2018 – Yesterday Neuberger Berman AIFM Limited, management company of Fondo Italiano di Investimento, and Egidio Stefano Brugola, Reference Shareholder of Brugola O.E.B. Industriale S.p.A., executed an agreement for the Reference Shareholder’s re-acquisition of a 15,18% share in the company from Fondo Italiano. Pavia e Ansaldo’s Of Counsel Guido Broglio, for legal aspects, and Guido Cinti of Studio Integrato Tributario di Milano, for tax and finance aspects, counselled the Reference Shareholder and Brugola. Marco Franzini, partner with Eversheds-Sutherland Associazione Professionale, advised Neuberger Berman and Fondo…

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2 May 18: Pavia e Ansaldo assists Zoom Corporation in the acquisition of a majority stake in Mogar Music S.p.A. from the Monzino family

PAVIA E ANSALDO ASSISTS ZOOM CORPORATION IN THE ACQUISITION OF A MAJORITY STAKE IN MOGAR MUSIC S.P.A. FROM THE MONZINO FAMILY Milan, 02 May 2018 – Zoom Corporation, a company listed on the Tokyo stock market, acquired a majority stake in Mogar Music S.p.A. of Lainate, Italy. Zoom is a manufacturer of audio and video recording devices, special sound effects for bass and guitar as well as electronic music digital instruments. Mogar Music distributes both in Italy and abroad instruments and other musical equipment, among which the products of Zoom itself. The transaction was carried out by Zoom through a…

Dip_Mergers
19 Apr 18: Pavia e Ansaldo and Legalitax in Xenon Private Equity’s acquisition of a majority stake in Tecno Pool S.p.A.

PAVIA E ANSALDO AND LEGALITAX IN XENON PRIVATE EQUITY’S ACQUISITION OF A MAJORITY STAKE IN TECNO POOL S.P.A. Milan, 19 April 2018 – The closing of the acquisition of a majority stake in Tecno Pool S.p.A. by Xenon Private Equity VI SICAR fund was perfected today. Tecno Pool S.p.A. is leader in the production of installations for the treatment and processing of food products. Pavia e Ansaldo assisted the purchasers while the sellers, who reinvested in the company keeping a 40% share, were assisted by Legalitax. Pavia e Ansaldo also negotiated the financing of part of the purchase price with…

Energia
19 Apr 18: Pavia e Ansaldo with Selettra to change the light in Italy

PAVIA E ANSALDO WITH SELETTRA TO CHANGE THE LIGHT IN ITALY Rome, 19 April 2018 – Pavia e Ansaldo, with Daniele Carminati and Maria Rita Coviello, assisted Selettra S.p.A. in the partnership with Fondo Italiano per l’Efficienza Energetica (FIEE). By means of the agreement, FIEE becomes shareholder of Selettra S.p.A. with a contribution of 24,5 million euro. These funds will permit an expansion of the portfolio of Selettra from 50 to 100 thousand operated lighting points, which will help the company to offer innovative solutions in the context of a high-quality management service alongside local administrations and citizens, for energy efficiency and plant…

Dip_Mergers
19 Mar 18: Pavia e Ansaldo and GTA in the transfer of various stakes from TBS Group S.p.A. to GPI S.p.A.

PAVIA E ANSALDO AND GTA IN THE TRANSFER OF VARIOUS STAKES FROM TBS GROUP S.P.A. TO GPI S.P.A. Milan, 19 March 2018 – Pavia e Ansaldo assisted GPI in the acquisition of a 45% stake in Insiel Mercato S.p.A., 100% of Erre Effe Informatica S.r.l. and 40% in TBS IT Telematic and Biomedical Services S.r.l. from TBS Group which were assisted by Giliberti Triscornia e Associati. Insiel Mercato had already been partially acquired by GPI at the end of 2016. In addition to the acquisition of the entire share capital of Insiel Mercato, a company operating in the Information &…

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28 Feb 18: Pavia e Ansaldo with Arcadia for the acquisition of Chiorino Technology

PAVIA E ANSALDO WITH ARCADIA FOR THE ACQUISITION OF CHIORINO TECHNOLOGY Milan, 28 February 2018 – Law firm Pavia e Ansaldo, with a team coordinated by partner Alberto Bianco and made up of Giulio Asquini and Nicoletta Botta, assisted Arcadia SGR S.p.A. in the acquisition, through its second fund “Arcadia Small Cap II”, of Chiorino Technology S.p.A., a historic enterprise from the Biella region set up at the beginning of the 1980’s by Lorenzo Chiorino, and active in the processing and finishing of leather for the sector of luxury leather goods. The business due diligence, on behalf of the purchaser, was performed Leoni Corporate Advisor,…

Dip_Mergers
20 Feb 18: Tutti gli studi coinvolti nell’acquisizione di Faster da Capvis da parte di Sun Hydraulics Corporation

TUTTI GLI STUDI COINVOLTI NELL’ACQUISIZIONE DI FASTER DA CAPVIS DA PARTE DI SUN HYDRAULICS CORPORATION Milano, 20 febbraio 2018 – Pavia e Ansaldo, con un team guidato da Mario Abate e formato da Mia Rinetti e Carlo Trucco, unitamente allo studio Shumaker, Loop & Kendrick LLP, di Tampa, Florida (con un team formato da Gregory Yadley e Willard Blair) ha assistito Sun Hydraulics Corporation, società statunitense di Sarasota, Florida, quotata sul NASDAQ nell’acquisizione, per 430 milioni di Euro, del 100% del capitale della società controllante Faster S.p.A. dal fondo di private equity Capvis e da alcuni co-investitori. Il closing dell’operazione è previsto entro il secondo trimestre…

Dip_Mergers
30 Jan 18: Pavia e Ansaldo con NEIP III nell’acquisizione di Spraytech

Pavia e Ansaldo con NEIP III nell’acquisizione di Spraytech Milano, 30 gennaio 2018 – Pavia e Ansaldo, con un team guidato dal partner Alberto Bianco e formato da Dario Rovelli e Nicoletta Botta, ha assistito, per tutti gli aspetti legali e contrattuali, NEIP III, società di investimento gestita da Finint & Partners, nella acquisizione di una partecipazione di maggioranza in Spraytech S.r.l., società di Lonigo attiva nella progettazione e commercializzazione di impianti ed accessori dedicati alla verniciatura industriale per  il settore conciario. La società si presenta come uno tra i principali operatori nel settore degli impianti e sistemi di distribuzione della vernice per il settore conciario, con una gamma…

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26 Jan 18: Pavia e Ansaldo and Bird & Bird in the entry of Italglobal in Getmycar

Pavia e Ansaldo and Bird & Bird in the entry of Italglobal in Getmycar Milan, 26 January 2018 – Law firm Pavia e Ansaldo with a team led by partner Alberto Bianco and made up of Dario Rovelli and Nicoletta Botta, assisted, for all legal and contractual aspects, NEIP III, an investment company operated by Finint & Partners, in the acquisition of a majority share in Spraytech S.r.l. of Lonigo active in the design and marketing of plants and accessories dedicated to the industrial coating for the tanning sector. The company is a main operator in the field of installations and distribution systems of coating…

Dip_Mergers
19 Jan 18: Pavia e Ansaldo with Jvc Kenwood for the acquisition of Radio Activity

Pavia e Ansaldo with Jvc Kenwood for the acquisition of Radio Activity Milan, 19 January 2018 – Law firm Pavia e Ansaldo, with a team made up of the local partner with the Tokyo office Adriano Villa, partner Christian Caserini, senior associate Luca Montolivo and associate Naoko Konishi, has assistited JVC Kenwood Corporation in the acquisition, by Messrs Marengon and Campidoglio, of Radio Activity S.r.l., a fast-growing company in the sector of telecommunications and, in particular, the design, production and assistance of top-notch radio systems. The sellers have been assisted by Mondini Rusconi Studio Legale in the person of partner Luca Tiberi.

Dip_Mergers
12 Jan 18: Pavia e Ansaldo in Labomar’s reorganization

PAVIA E ANSALDO IN LABOMAR’S REORGANIZATION Milan, 12 January 2018 – Law firm Pavia e Ansaldo has acted as legal advisor in the reorganization of the ownership structure of Labomar. Lab Holding S.r.l., which is owned by entrepreneur Walter Bertin, carried out the acquisition from Fondo Italiano d’Investimento of 100% of the share capital of Labomar S.r.l., a company set up in 1988 and  specializing in desig, development and production of food supplements, medical devices and foods for special medical purposes. Pavia e Ansaldo, with partner Marina Balzano and associate Dario Rovelli, acted as deal counsel for the structured loan granted to Lab Holding by Crédit Agricole…

Dip_Mergers
1 Dec 17: Private Equity Funds And Carried Interest

Private Equity Funds And Carried Interest Le principali novità in una tavola rotonda di Pavia e Ansaldo con Claudio Grisanti e Alberto Bianco Milano, 1 dicembre 2017 – Le novità sulla remunerazione corrisposta ai gestori dei fondi di investimento introdotte dall’articolo 60 del decreto legge n.50, in vigore da aprile 2017, anche alla luce della recente Circolare esplicativa dell’Agenzia delle Entrate n. 25/2017, sono state il focus della tavola rotonda “Novità e vecchie questioni aventi ad oggetto il “carried interest”, organizzata ieri a Milano dallo Studio Legale Pavia e Ansaldo. In base al nuovo decreto il carried interest sarà tassato secondo le regole del capital…

Dip_Mergers
23 Nov 17: Pavia e Ansaldo, Vinge and Fieldfisher in WallVision’s acquisition of the group of Wall&Decò S.r.l. from the Benini family

Pavia e Ansaldo, Vinge and Fieldfisher in WallVision’s acquisition of the group of Wall&Decò S.r.l. from the Benini family Milan, 23 November 2017 – WA WallVision AB, a Swedish company held by Swedish PE firm Litorina, has acquired a conglomerate of companies consisting of WED S.r.l., Wall&Decò S.r.l. and DecoLab S.r.l. of Ravenna, Italy, from its owners, the Benini family. WallVision as well as the companies of the target group are specializing in the design, production and distribution of premium digital wallpaper. WallVision were assisted by a team of Pavia e Ansaldo composed of Sven von Mensenkampff (lead), Valentina Simonelli (employment), Luca Montolivo (corporate, M&A) and Massimilano…

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9 Oct 17: Pavia e Ansaldo with Green Arrow in the acquisition of shareholdings from SF Suntech Deutschland Gmbh

Pavia e Ansaldo with Green Arrow in the acquisition of shareholdings from SF Suntech Deutschland Gmbh Milan, October 9th 2017 – Pavia e Ansaldo, with a team made up of Francesco Satta, partner, and Leonida Cagli, counsel, has assisted Renewable European Investment Italy – REI I S.r.l., a special purpose vehicle controlled by Fondo Radiant run by Green Arrow Capital, in the acquisition from SF Suntech Deutschland GMBH of the shareholdings held by the latter in Energia Rinnovabile S.r.l. and Energy Power S.r.l., companies owning photovoltaic installations in Apulia for a total of 10 MW.

Ambientale
3 Aug 17: All Advisors Involved in the Acquisition of Bitolea Group

All Advisors Involved in the Acquisition of Bitolea Group Milan, 3 August 2017 – The law firms Pavia e Ansaldo, Gattai Minoli Agostinelli & Partners, NCTM Studio Legale, Linklaters and Russo De Rosa Associati have acted in the acquisition of the Bitolea Group by Stirling Square Capital Partners from the fund Clessidra Capital Partners II, managed by Clessidra SGR S.p.A., and from Fenix S.p.A., a company held by the Intini family. In 2016, Stirling Square had invested in Viscolube, Italian leader in the recycling of used mineral oils, which is growing fast in the area of collection and treatment of…