Ashurst Advising FII on The Nice Kitchen Investment
Deal News | Dec 04, 2024 | Legal Community Italy
Legal advisory firm Ashurst has assisted the Italian Investment Fund (Fondo Italiano d’Investimento - FII) in its investment into The Nice Kitchen, a company specializing in cooking and refrigeration equipment for professional kitchens. This marks the third investment for FII's private equity co-investment fund, Fipec. The transaction also involved 21 Invest SGR as co-investor. The Ashurst team was led by partner Fabio Niccoli, along with counsel Andrea Di Rosa and associate Carolina Quagliata. This strategic move aims to enhance The Nice Kitchen's growth and diversification in the specialized kitchen equipment industry.
Sectors
- Private Equity
- Commercial Kitchen Equipment
Geography
- Italy – The investment and legal advisory activities are being conducted by Italian entities.
Industry
- Private Equity – The article discusses the investment activities of Fondo Italiano d’Investimento, a private equity fund.
- Commercial Kitchen Equipment – The Nice Kitchen operates in the field of cooking and refrigeration for professional kitchens.
Financials
- N/A – The article does not disclose the financial details of the investment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ashurst | Legal Advisor | Company | Ashurst is a law firm advising on the investment. |
| Fondo Italiano d’Investimento (FII) | Investor | Company | An Italian investment fund investing in The Nice Kitchen. |
| The Nice Kitchen | Target company | Company | Specializes in cooking and refrigeration equipment for professional kitchens. |
| 21 Invest SGR | Co-investor | Company | A private equity firm collaborating in the investment. |
| Fabio Niccoli | Partner | Person | Partner at Ashurst leading the legal team for this investment. |
| Andrea Di Rosa | Counsel | Person | Counsel at Ashurst assisting in the legal advisory. |
| Carolina Quagliata | Associate | Person | Associate at Ashurst part of the legal team. |