Austrotherm Completes Acquisition of Italy's Gruppo Poron
Deal News | Jun 24, 2025 | Legal Community Italy
Austrotherm, an Austrian producer of insulating materials, has successfully completed the acquisition of nine companies forming part of Gruppo Poron, which manufactures EPS products for packaging and insulation. Bureau Plattner provided legal due diligence and handled contractual and corporate aspects of the acquisition, led by a multidisciplinary team of attorneys. The Cer family, leaders of Gruppo Poron since 1962, were advised by SAPG Legal & European Law Firm. Notarial aspects were managed by Giuliani Occorsio. Austrotherm, present in 13 European countries and recording €444 million in revenue in 2024, is part of Schmid Industrieholding. This acquisition is expected to support Austrotherm's strategic expansion and investment plans in Italy, utilizing Gruppo Poron's extensive network across the country.
Sectors
- Construction Materials
- Legal Services
Geography
- Italy – The acquisition of Gruppo Poron by Austrotherm marks the company's entry into the Italian market.
- Austria – Austrotherm is an Austrian company expanding its operations into Italy through the acquisition.
Industry
- Construction Materials – Austrotherm is involved in the production of insulating materials and the acquisition aligns with their business within the construction materials sector.
- Legal Services – Legal advisory firms like Bureau Plattner and SAPG Legal & European Law Firm played crucial roles in facilitating the legal aspects of the acquisition.
Financials
- 444 million – Austrotherm's revenue in 2024.
- 2.3 billion – Schmid Industrieholding's revenue in the last fiscal year.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Austrotherm GmbH | Buyer | Company | Austrian producer of insulating materials, part of Schmid Industrieholding. |
| Gruppo Poron | Target | Company | Italian group specializing in EPS products for packaging and thermal insulation. |
| Schmid Industrieholding | Parent Company | Company | Austrotherm is a subsidiary of this multinational group. |
| Bureau Plattner | Legal Advisor | Company | Provided legal due diligence and handled contractual and corporate aspects of the acquisition. |
| SAPG Legal & European Law Firm | Legal Advisor | Company | Advised the Cer family during the acquisition process. |
| Giuliani Occorsio | Notary | Company | Managed the notarial aspects of the acquisition. |
| Cer Family | Selling Company | People | The family that owned and led Gruppo Poron since 1962. |