Cicli Olympia Acquired by Lombardo Bikes
Deal News | Mar 14, 2025 | Legal Community Italy
Cicli Lombardo, known in the market as Lombardo Bikes, has completed the acquisition of Cicli Olympia, an Italian bicycle brand established in 1893. Legal advisory for the sellers was provided by L2 Value, under the leadership of Leopoldo Giannini. Arkios Limited, led by Managing Partner Marco Ammirati, served as the financial advisor. The buyer, Cicli Lombardo, was represented by Ipg Law Firm, which managed legal, tax, and financial advisory. Their advisory team was led by Managing Partner Marco Pistis and partner Tommaso Perri, supported by other associates and Apicall for financial due diligence.
Sectors
- Bicycles Industry
- Legal Services Industry
- Financial Advisory
Geography
- Italy – The acquisition involves Italian companies, Cicli Lombardo (buyer) and Cicli Olympia (target).
Industry
- Bicycles Industry – This sector is pertinent as the article discusses an acquisition involving two companies that produce and sell bicycles.
- Legal Services Industry – Relevant as multiple legal advisory firms are engaged in facilitating the acquisition process.
- Financial Advisory – Key to the transaction as financial advisory services are provided to support the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cicli Olympia | Target | Company | An Italian bicycle brand founded in 1893, which is being acquired. |
| Cicli Lombardo | Buyer | Company | The company acquiring Cicli Olympia, known in the market as Lombardo Bikes. |
| L2 Value | Legal Advisor to the Sellers | Company | A legal advisory firm involved in the acquisition transaction. |
| Arkios Limited | Financial Advisor to the Sellers | Company | A financial advisory firm guiding the sellers in this acquisition. |
| Ipg Law Firm | Legal, Tax, and Financial Advisor to the Buyer | Company | Represented Cicli Lombardo in the acquisition, overseeing various aspects of advisory. |
| Apicall | Financial Due Diligence Support | Company | Provided financial due diligence support to the buyer, Cicli Lombardo. |
| Leopoldo Giannini | Lead Legal Advisor for Sellers | Person | Led the advisory team at L2 Value. |
| Marco Ammirati | Managing Partner and Financial Advisor for Sellers | Person | Led the financial advisory team at Arkios Limited. |
| Marco Pistis | Managing Partner and Lead Advisor for Buyer | Person | Led the legal and financial advisory team at Ipg Law Firm. |
| Tommaso Perri | Partner and Advisor for Buyer | Person | Part of the advisory team at Ipg Law Firm helping Cicli Lombardo. |
| Ilenia Atzori | Senior Associate Advisor for Buyer | Person | Part of the advisory team at Ipg Law Firm. |
| Isabelle Roccazzella | Associate Advisor for Buyer | Person | Part of the advisory team at Ipg Law Firm. |