Minerva Hub acquires Meccaniche Luciani. All the firms
Milan, 1 December 2022 – Minerva Hub, through its subsidiary SP Plast Creating, today finalised the acquisition of the entire capital of Luciani & Co., the holding company of the Meccaniche Luciani group.
Minerva Hub is the parent company of the platform of Italian companies specialising in the supply of products, components and services for accessories for major international fashion and luxury brands, aggregated by the Xenon Private Equity fund. Meccaniche Luciani is a Marche-based company specialising in high-precision moulds for plastic polymer components for fashion and luxury accessories.
In the transaction, Minerva Hub was assisted in all legal aspects, from due diligence to contracts and assistance in the related negotiations, by Gelmetti studio legale associato with a team coordinated by partner Pierfrancesco Gelmetti and composed of associates Lorenzo Colletti, Dolores Mugherli and Margherita Audisio.
The sellers, who will continue to be involved in the management of the company, were assisted in all legal aspects by the firm Bacciardi Partners with a team led by managing partner Lorenzo Bacciardi and composed of partner Pier Federico Orciari and associate Rebecca Milardi.
For the legal aspects related to the financing made available by the pool of banks comprising Credit Agricole Italia, Banco BPM, Banca Intesa, Unlimity Bank, Banca IFIS and Unicredit, Minerva Hub was assisted by the law firm Pavia e Ansaldo, with a team comprising partner Giuseppe Besozzi and associate Martina Bosi, while the banks in the pool were assisted by Dentons, with a team coordinated by partner Alessandro Fosco Fagotto and comprising counsel Tommaso Zanirato and associate Gaia Grossi.
The notarial aspects were followed by Todeschini Bastrenta Notai, with a team coordinated by notary Edmondo Todeschini.
CF&S Advisors acted as financial advisor for the transaction, with a team coordinated by managing partner and founder Marco Lazzaro.