Chugoku Acquires Italo Belge in Strategic Move
Deal News | Jan 29, 2025 | Legal Community Italy
In a significant cross-border transaction, the Nippo-Dutch Chugoku Marine Paints, an industry leader in marine and industrial coatings, has reached an agreement to acquire Italo Belge Colori. This Italian company, owned by the Massa family, is renowned for its expertise in producing paints for metal drums in the food, lubricants, and industrial sectors. Legal assistance for Chugoku was provided by Lca Studio Legale, with a team led by partners Andrea Carreri and Nicola Maffioletti, among others, handling corporate and compliance issues. Meanwhile, the Massa family was represented by the legal firm Mordiglia, with Marco Lopez de Gonzalo acting as their advisor.
Sectors
- Industrial Coatings
- Marine Industry
- Legal Services
Geography
- Italy – The acquisition target, Italo Belge Colori, is based in Italy.
- Japan and Netherlands – Chugoku Marine Paints, the acquiring company, operates as a Nippo-Dutch entity with ties to both Japan and the Netherlands.
Industry
- Industrial Coatings – The article involves companies that specialize in coatings and paints used in various industrial sectors.
- Marine Industry – Chugoku Marine Paints is known for its products in the marine sector, making this industry relevant.
- Legal Services – Legal services played a crucial role in facilitating the acquisition process described in the article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chugoku Marine Paints | Buyer | Company | A Nippo-Dutch company specializing in marine and industrial paints. |
| Italo Belge Colori | Target | Company | An Italian company known for producing paints for metal drums used in the food, lubricant, and industrial sectors. |
| Massa Family | Seller | People | Previous owners of Italo Belge Colori. |
| Lca Studio Legale | Legal Advisor to Buyer | Company | Provided legal assistance to Chugoku Marine Paints during the acquisition process. |
| Mordiglia | Legal Advisor to Seller | Company | Legal firm representing the Massa family in the sale of Italo Belge Colori. |