DEPARTMENTS MERGERS & ACQUISITIONS, PRIVATE EQUITY
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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 sellers, some of which have re-invested in the company by keeping a minority stake, were counselled by Freshfields Bruckhaus Deringer.
Pavia e Ansaldo also negotiated the financing used to pay for part of the purchasing price with a pool of banks assisted by Dentons.
Pavia e Ansaldo assisted Xenon Private Equity with a team led by partner Giuseppe Besozzi and made up of counsel Maria Chiara Puglisi, associate Dario Rovelli and trainees Nicoletta Botta and Pierluigi Ariete.
Freshfields Bruckhaus Deringer assisted the sellers with a team made up by partner Luigi Verga and associate Pietro La Placa, both with the “Global Transactions – Corporate” group.
Dentons, with a team made up of partner Alessandro Fosco Fagotto and counsel Edoardo Galeotti, assisted the pool of banks, made up of Banco BPM S.p.A. (which acted also as agent bank), MPS Capital Services Banca per le Imprese S.p.A., Banca IMI S.p.A. and Banca IFIS S.p.A., as bookrunners and mandated lead arrangers, and Mediocredito Italiano S.p.A. which, together with Banco BPM S.p.A., MPS Capital Services Banca for the Imprese S.p.A. and Banca IFIS S.p.A., played the role of lending banks.