Bricocenter Completes Acquisition of Four Branches from Bricofer
Deal News | Dec 11, 2024 | Legal Community Italy
Bricocenter Italia has successfully completed the acquisition of four business branches under the Self brand from Bricofer Group in the Piedmont region. The transaction was a complex operation with Fin Reporter, a holding of U Power Group, purchasing the four properties housing these branches through a competitive procedure. Legal advisory for Bricocenter Italia was provided by Bird & Bird, with Antonella Ceschi leading the civil aspects, supported by Ludovica Giaccone. Further assistance on employment and tax matters was offered by partners from Toffoletto De Luca Tamajo and PWC TLS. Bricofer Group was counseled by Adencore Societá tra Avvocati, under Edoardo Paolini's guidance, handling civil and administrative aspects with team members like Enrico Mancini and Alessio Antonelli. Lastly, Fin Reporter received legal guidance from Fieldfisher Italia, with Ettore Bonaccorsi heading the team.
Sectors
- Retail
- Legal Services
- Real Estate
Geography
- Italy – The transaction took place in Italy, specifically in the Piedmont region, involving Italian companies and legal entities.
Industry
- Retail – Bricocenter and Bricofer are companies operating within the retail industry, particularly focusing on home improvement and DIY products.
- Legal Services – Multiple legal firms such as Bird & Bird, Toffoletto De Luca Tamajo, and Fieldfisher were involved, highlighting the role of legal services in the transaction.
- Real Estate – The acquisition involved the purchase of properties housing the business branches, relevant to the real estate industry.
Financials
- Not Disclosed – The financial terms of the acquisition have not been disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bricocenter Italia | Buyer | Company | A leading Italian retail company specializing in home improvement products. |
| Bricofer Group | Seller | Company | An Italian company that sold four branches under the Self brand to Bricocenter. |
| Fin Reporter | Property Purchaser | Company | A holding company of U Power Group that purchased the real estate for the business branches. |
| Bird & Bird | Legal Advisor | Company | Provided civil legal advisory services to Bricocenter Italia. |
| Toffoletto De Luca Tamajo | Employment Legal Advisor | Company | Advised Bricocenter on employment law aspects. |
| PWC TLS | Tax Advisor | Company | Provided tax advisory services to Bricocenter Italia. |
| Adencore Societá tra Avvocati | Legal Advisor to Seller | Company | Provided civil and administrative legal advisory services to Bricofer Group. |
| Fieldfisher Italia | Legal Advisor to Fin Reporter | Company | Provided legal advisory services to Fin Reporter for the property acquisition. |