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 junior associate Giovanni Gila, assisted Mittel on all corporate aspects of the acquisition. Labour law matters were managed by partner Valentina Simonelli and senior associate Francesco Vitella.

Notary Simone Chiantini of Studio Notarile Associato Mariconda Chiantini was in charge of the notarial aspects of the transaction.