Curt G. Joa Acquires Italian CCS in Major Cross-Border Industrial Deal
Deal News | Jun 26, 2025 | Legal Community Italy
Curt G. Joa, Inc. (Joa), a global leader in machinery manufacturing for disposable hygiene products, has announced its acquisition agreement with the Italian company Cellulose Converting Solutions (CCS), a significant player in converting machinery manufacturing. The transaction highlights a strategic cross-border operation in the industrial mechanics sector. Legal assistance for Joa was provided by Gianni & Origoni, with a dedicated team led by partners Donato Romano and Raimondo Premonte, supported by associates. Financial advising for Joa was managed by Brian Dearing. On the seller's side, CCS was represented legally by ADR Firm, with partners Andrea Netti and Eleonora Netti, along with consultant Ludovica Calzecchi Onesti. EY-Parthenon served as the financial advisor for the deal. The transaction is anticipated to close in fall 2025, subject to regulatory approvals and specific conditions. This acquisition allows Joa to enhance its machinery offerings, aiming to boost service capabilities both regionally and globally.
Sectors
- Industrial Machinery
- Legal Advisory
- Financial Advisory
Geography
- Italy – The target company, Cellulose Converting Solutions, is based in Italy, making it a key geographic focus of the acquisition.
- United States – Curt G. Joa, the acquiring company, is based in the United States, emphasizing the cross-border nature of the deal.
- Global – Both companies operate on a global scale, serving international markets, which aligns with the strategic objectives of the acquisition.
Industry
- Industrial Machinery – The article is centered around an acquisition in the industrial machinery sector, specifically focusing on machinery for the converting and disposable hygiene products industries.
- Legal Advisory – The transaction involves significant legal advisory roles, including firms like Gianni & Origoni and ADR Firm, highlighting the importance of legal counsel in mergers and acquisitions.
- Financial Advisory – The involvement of financial advisors such as EY-Parthenon and Brian Dearing indicates the critical role of financial advice in structuring and closing the deal.
Financials
- N/A – The financial details of the transaction, such as deal price or valuation, were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Curt G. Joa, Inc. | Acquirer | Company | A global operator in the production of machinery for the disposable hygiene products sector. |
| Cellulose Converting Solutions (CCS) | Target | Company | An Italian company recognized for manufacturing converting machinery. |
| Gianni & Origoni | Legal Advisor to Joa | Company | Legal advisors for Curt G. Joa in the transaction. |
| ADR Firm | Legal Advisor to CCS | Company | Provided legal advice to the selling company, CCS. |
| Brian Dearing | Financial Advisor to Joa | Person | Provided financial advisory services to Curt G. Joa. |
| EY-Parthenon | Financial Advisor | Company | Financial advisor for the seller in the transaction. |