Ama Acquires CMR Group's Agriculture Division
Deal News | Feb 20, 2025 | Legal Community Italy
Ama, a leading firm in agricultural machinery, has acquired the agriculture division of CMR Group, specifically through purchasing the entire share capital of CMR Agriculture and the majority stake in Taizhou CMR Machinery. This transaction, focusing on companies specialized in components for agricultural machines, was supported by PwC Tls, who provided legal assistance with a multidisciplinary team. The transaction involved coordination across different aspects such as contract, employment, and Chinese law and taxation. PwC also conducted financial due diligence. CMR Group was legally advised by Unistudio legal and tax, directed by partner Enrico Repetto.
Sectors
- Agriculture Machinery
- Legal Services
Geography
- Italy – Ama and CMR Group are based in Italy, playing a pivotal role in this acquisition.
- China – Taizhou CMR Machinery, part of the acquisition, is based in China, requiring legal insights into Chinese law.
Industry
- Agriculture Machinery – The acquisition involves companies that produce components for agricultural machinery.
- Legal Services – Involvement of multiple legal teams in facilitating the acquisition deal.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ama | Bidding Company | Company | Ama is the company acquiring the agriculture division from CMR Group. |
| CMR Group | Selling Company | Company | CMR Group is selling its agriculture division to Ama. |
| PwC Tls | Legal Advisor to Ama | Company | PwC Tls assisted Ama in the acquisition with legal consultancy services. |
| Unistudio legal and tax | Legal Advisor to CMR Group | Company | Unistudio legal and tax provided legal services to CMR Group in the deal. |