CastaldiPartners Assists Apave in Acquiring Cnd Service
Deal News | Jan 16, 2025 | Legal Community Italy
Apave, a French multinational, has expanded its operations in Italy by acquiring Cnd Service Controlli Non Distruttivi. This acquisition is part of Apave's strategic build-up in Italy, following its earlier acquisition of Tecno Piemonte in 2021. The legal aspects of the acquisition were overseen by CastaldiPartners, with a cross-border team coordinated by Gaspare Dori and Riccardo Gotti Tedeschi. The team also included Margherita Luppi, Alessandra Esposito Franciosi, and Irene Malus, focusing on the transaction structure and implementation. Sarah Barutti, Caterina Zerbi, and Arianna Basso handled employment law issues, while Giulia Cortesi addressed IP matters. Financial due diligence and fiscal aspects of the deal were managed by Clas Foreign Desk, led by Luca Zuccotti. Legal counsel for the sellers, the shareholders of Cnd Service, was provided by Antonio Capuano of Capuano&Partners.
Sectors
- Legal Services
- Engineering and Consulting Services
- Industrial and Commercial Services
- Financial Services
Geography
- Italy – Cnd Service is based in Rome, Italy, and the acquisition is part of Apave's strategic expansion in the country.
- France – Apave is a French multinational company executing acquisition strategies cross-border from France.
Industry
- Legal Services – The article discusses the role of legal advisors in the acquisition deal.
- Engineering and Consulting Services – Cnd Service specializes in non-destructive testing and consultancy, relevant to the engineering services sector.
- Industrial and Commercial Services – Apave's acquisition strategy involves expanding their service offerings in this industry.
- Financial Services – Financial due diligence and aspects related to the acquisition underline the involvement of financial services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Apave | Acquiring Company | Company | A French multinational company expanding its operations through acquisitions. |
| Cnd Service Controlli Non Distruttivi | Target Company | Company | An Italian company specializing in non-destructive testing and failure analysis. |
| CastaldiPartners | Legal Advisor | Company | The law firm providing legal support for Apave's acquisition. |
| Clas Foreign Desk | Financial Advisor | Company | Handled financial due diligence and fiscal aspects of the acquisition. |
| Capuano&Partners | Seller's Legal Advisor | Company | Provided legal advice to the shareholders of Cnd Service. |
| Gaspare Dori and Riccardo Gotti Tedeschi | Coordinators of Legal Team | People | Coordinated the cross-border legal aspects of the transaction. |
| Antonio Capuano | Seller's Legal Counsel | People | Legal advisor for the shareholders of Cnd Service. |