The firms involved in the sale of the majority stake in Canepa SpA held by Michele Canepa to Muzinich Fund
Milan, 23 March 2023 – Canepa S.p.A., a historic company operating in the sector of the production and sale of textiles, officially closed its composition with creditors in 2021 and resumed business in full thanks to the investment made by Muzinich & Co SGR (on behalf of the Azimut ELTIF Capital Solution Fund), Invitalia (in its capacity as manager of the “Fondo di salvaguardia dei livelli occupazionali e la prosecuzione dell’attività d’impresa” (“Fund for the safeguard of employment levels and the continuation of business activity”) and Michele Canepa, son of the founder of the historic company. The latter, who held 40 per cent of the shares and was the company’s largest single shareholder, today sold his stake to the Muzinich & Co SGR fund, definitively exiting the company.
Mr. Michele Canepa was assisted, for the legal aspects, by Studio Legale Pavia e Ansaldo, with a team composed of partners Mario Abate and Carlo Emanuele Rossi, and by Studio DSPRT, with a team led by Matteo Michele Trioni.
For Muzinich, the legal aspects of the transaction were handled by Studio Di Gravio Avvocati, with a team comprising Massimo Tesei, Carlo Mecella, and Francesco Bianchi.