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 based on raisin technology and flexible grinders for superfinishing processes will be manufactured is therefore added to the manufacturing facilities of Surfaces Technological Abrasives (Cenate Sotto, Bergamo), ADI (Thiene, Vicenza), NoCoat (Monteveglio, Bologna), RBM (Baldichieri D’Asti, Asti).
Pavia e Ansaldo counselled with a team made up of partner Giuseppe Besozzi, counsel Maria Chiara Puglisi and Nicoletta Botta.
International Chips’s shareholders were assisted by Orrick with a team made up of partner Attilio Mazzilli, of counsel Alessandro Vittoria, senior associate Francesco Pezcoller and Angelo Timpanaro and by Ethica Corporate Finance as financial advisor with a team made