Chimet Expands by Acquiring Forciot Oy
Deal News | Mar 12, 2025 | Legal Community Italy
Deloitte Legal has successfully assisted the Italian company Chimet, known for its prowess in precious metal recovery and refinement, in acquiring a stake in Forciot Oy. Forciot Oy is a Finland-based company recognized for its advancement in technological solutions and electronic sensors across various industries, including the automotive sector. Deloitte Legal's role as Chimet's legal advisor encompassed a cross-border, multidisciplinary approach, seamlessly integrating specialists in Corporate M&A. The acquisition efforts were directed by Andrea Martellacci and Sergey Orlov, with contributions from Antonio Bramanti and Jelena Segovic on contractual and corporate elements, alongside Finnish legal input from Deloitte Legal Finland. The financial and accounting due diligence was administered by Deloitte's various teams, while tax verifications were managed by Sts Deloitte. Forciot Oy enlisted Kpmg Law Finland for legal advisory services.
Sectors
- Metals & Mining
- Technology and Industrial Solutions
- Legal Services
Geography
- Italy – Chimet, the acquiring company, is based in Badia al Pino, Arezzo, Italy.
- Finland – Forciot Oy, the target company, is located in Finland. Additionally, Finnish legal expertise was critical to the acquisition process.
Industry
- Metals & Mining – Chimet is specialized in the recovery and refinement of precious metals, making the Metals & Mining sector highly relevant.
- Technology and Industrial Solutions – Forciot Oy develops technological solutions and electronic sensors, aligning it with the Technology and Industrial Solutions sector.
- Legal Services – The transaction involved extensive legal advisory services by Deloitte Legal and Kpmg Law, highlighting the Legal Services industry.
Financials
- – The article does not provide specific financial details regarding the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chimet | Acquiring Company | Company | An Italian company headquartered in Badia al Pino specializing in the recovery and refinement of precious metals. |
| Forciot Oy | Target Company | Company | A Finnish company engaged in the development of technological solutions and electronic sensors for various industries, including automotive. |
| Deloitte Legal | Legal Advisor | Company | Provided legal advisory services to Chimet for the acquisition of Forciot Oy. |
| Kpmg Law Finland | Legal Advisor to Target | Company | Advised Forciot Oy on legal matters related to the acquisition. |
| Andrea Martellacci | Leader of Legal Team | Person | Led the Deloitte Legal team in advising Chimet. |
| Sergey Orlov | Leader of Legal Team | Person | Co-led the Deloitte Legal team in advising Chimet. |