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Pavia e Ansaldo with Mittel S.p.A. in the acquisition of Gruppo Finestre S.r.l.

 

Milan, 27 July 2023 – Pavia e Ansaldo has assisted Mittel S.p.A., investment – merchant bank listed on Euronext Milan, in the acquisition of the entire share capital of Gruppo Finestre S.r.l., a renowned operator in the production and distribution of PVC windows and doors, with production site in Trentino.

The acquisition was realised through the vehicle Italian Windows Group (IWG) set up by the Mittel group in which the seller Mr. Stefano Zanasi reinvested with a stake equal to 30% of the share capital of IWG.

The Pavia e Ansaldo team was led by Partner Anna Saraceno with the support of Associate Pietro Miazzi, as for corporate and commercial aspects, and Counsel Francesco Vitella, for labour law aspects.

Mittel was also assisted by KPMG, with Massimo Agnello Partner and Alberto Bogoni Manager for the tax due diligence and Klaus Riccardi Partner and Dario Marasco Senior Manager for the financial due diligence.