Milan, 30 October 2019 - Yesterday the company Surfaces Technological Abrasives S.p.A. finalized the closing of the purchase of Luna Abrasivi S.r.l., which is a world leader in the production of tools and chemical products devoted to the processing and industrial finishing of ceramics, granite, marble and agglomeration, active in all major international markets. With said acquisition, the Surfaces Group strengthens its world leadership in the sector of diamond tools, counting on 500 highly-qualified employees, 6 production and assembly sites in Italy (Cenate Sotto (in the province of Bergamo), Thiene (in the province of Vicenza), Baldichieri d’Asti (in the province of Asti), Domodossola ((in the province of Verbanio-Cusio-Ossola), Monteveglio (in the province of Bologna), Vezzano Ligure (in the province of La Spezia), 4 abroad (USA, Brazil, Turkey, India), 10 sales divisions, more than 1,000 clients and over 120 M€ of combined turnover in 2018.
In the context of the transaction, Surfaces was assisted by Pavia e Ansaldo for all the corporate and M&A aspects with a team led by partner Giuseppe Besozzi and made up of counsel Maria Chiara Puglisi, associate Erica Lepore and trainee Nicoletta Botta.
BonelliErede counselled alongside the purchaser for the banking and financial aspects with a team made up of partner Antonio La Porta and associate Giulia Lamon.
The sellers were assisted by Law Firm Craia. The lending banks were assisted by Law Firm Linklaters with a team made up of partner Andrea Arosio, associates Daniele Sutto and Maria Chiara De Biasio and trainee Edoardo Boeri.