Centro Sicilia's Acquisition Completed by Farallon
Deal News | Jun 19, 2025 | Legal Community Italy
Farallon Capital Europe has finalized the acquisition of the company that owns Centro Sicilia, the largest shopping mall in Sicily, boasting nearly 100,000 square meters in Catania. The transaction also included renegotiation of the acquired company's financial debt. The acquisition engaged several prominent legal and consulting firms. Legance assisted Farallon, handling contractual, corporate, regulatory, and financial aspects, while Pirola Pennuto Zei & Associati managed tax support. The sellers, a group of institutional investors, were represented by Gianni & Origoni. Meanwhile, Jones Day advised the financing banks, Bank of America Europe and Banco BPM.
Sectors
- Private Equity
- Real Estate
- Legal Services
- Retail
Geography
- Italy – The transaction involves the acquisition of Centro Sicilia located in Italy, with legal and financial entities also based there.
- Europe – Farallon Capital Europe, a European private equity firm, completed the acquisition.
Industry
- Private Equity – Farallon Capital Europe's acquisition of Centro Sicilia involves a private equity firm making a strategic investment.
- Real Estate – The acquisition pertains to the ownership of a large commercial real estate asset, Centro Sicilia.
- Legal Services – Involvement of multiple legal firms in advising different parties on the acquisition process.
- Retail – Centro Sicilia being a shopping center relates to the retail industry.
Financials
- Not Provided – No financial details such as the deal price or valuation were disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Farallon Capital Europe | Bidding Companybuyer | Company | A European private equity firm that acquired the company owning Centro Sicilia. |
| Centro Sicilia | Target company | Company | The largest shopping mall in Sicily, located in Catania. |
| Gianni & Origoni | Legal advisor for Sellers | Company | Provided legal services to the institutional investors who sold Centro Sicilia. |
| Legance – Avvocati Associati | Legal advisor for Farallon | Company | Provided legal services to Farallon covering contractual, corporate, and regulatory matters. |
| Jones Day | Financial Legal Advisor | Company | Advised the financing banks, Bank of America Europe and Banco BPM. |
| Pirola Pennuto Zei & Associati | Tax advisor for Farallon | Company | Provided tax support to Farallon during the acquisition. |
| Bank of America Europe DAC, succursale di Milano | Financing Bank | Company | One of the banks providing financial services for the deal. |
| Banco BPM S.p.A. | Financing Bank | Company | One of the banks providing financial services for the deal. |