Di Marco Corrado Expands with Pizzami Acquisition
Deal News | Jan 08, 2025 | Legal Community Italy
In a significant move within the gluten-free bakery sector, Italian producer Di Marco Corrado, known for its flour and pinsa romana bases, has acquired a majority stake in Galati, which operates under the Pizzami brand. This acquisition was supported by legal expertise from Dentons and financial advisory from Bcms and Mba. Intesa Sanpaolo financed the deal, relying on advisement from PedersoliGattai. Dentons provided a multidisciplinary legal team to handle different aspects of the acquisition, including due diligence, contract negotiation, financing, labor, administrative, and tax matters. Meanwhile, Bcms and Mba offered financial and advisory support to the selling company.
Sectors
- Food Production
- Legal Services
- Financial Services
Geography
- Italy – The transaction involves Italian companies and legal/financial advisors situated in Italy.
Industry
- Food Production – The acquisition involves companies specialized in food production, particularly in the gluten-free bakery segment.
- Legal Services – Multiple law firms are involved in providing legal services for the acquisition.
- Financial Services – Intesa Sanpaolo, a financial institution, provided the financing for the acquisition.
Financials
- Not specified – The article does not specify the exact amount involved in the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Di Marco Corrado | Acquirer | Company | An Italian producer active in the flour sector, acquiring a majority stake in Galati. |
| Galati | Target Company | Company | The company holding the Pizzami brand, specializing in gluten-free bakery products. |
| Intesa Sanpaolo | Financier | Company | Provided the bank loan financing for the acquisition. |
| Dentons | Legal Advisor | Company | Provided multidimensional legal advisory and services for the acquisition. |
| PedersoliGattai | Legal Advisor | Company | Provided legal assistance to Intesa Sanpaolo. |
| Bcms | Financial Advisor | Company | Assisted the selling company with financial aspects. |
| Mba | Financial Advisor | Company | Assisted the selling company with financial aspects. |