Ditta Lanfranchi acquires Myzip and MAS 2003
Deal News | Nov 15, 2024 | Legal Community Italy
Ditta Lanfranchi, the Italian company known for its Lampo zippers, has completed the acquisition of the entire share capital of Myzip as well as an 85% stake in the Hungarian company MAS 2003 Kereskedelmi és Szolgáltató Kft. The acquisition was facilitated by the legal expertise of Gianni & Origoni (Gop), with a team led by partner Gianluca Ghersini. Myzip, originally formed from a synergy between Mas Italia and Zipperr, is a renowned player in the fashion accessories market, specializing in automatic fasteners. The sellers, Zipperr and Aceti, were represented by the law firms Passi (including Massimo Passi and Claudia Adami) and Morandi (with Gualtiero Morandi). Notarial aspects were handled by Margherita Vanoli. Additionally, legal considerations specific to Hungarian law were addressed by the law firm Szecskay.
Sectors
- Fashion Accessories
- Legal Services
- Mergers and Acquisitions
Geography
- Italy – The transaction primarily involves Italian companies and legal firms, with Ditta Lanfranchi and Myzip being Italian companies.
- Hungary – The acquisition includes MAS 2003 Kereskedelmi és Szolgáltató Kft, which is based in Hungary, requiring expertise in Hungarian law.
Industry
- Fashion Accessories – The industry involves the production and sale of items such as zippers used in the manufacturing of garments and other fashion entities, which are central to the operations of Myzip and Ditta Lanfranchi.
- Legal Services – Concerns the provision of legal advice and services, important here due to the involvement of multiple legal firms in facilitating the acquisition process.
- Mergers and Acquisitions – This sector is relevant as the article focuses on Ditta Lanfranchi's acquisition of Myzip and the strategic stakes in MAS.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ditta Lanfranchi | Buyer | Company | An Italian company active in the zipper market under the Lampo brand. |
| Myzip | Target Company | Company | A company formed by Mas Italia and Zipperr, involved in the fashion accessories market. |
| MAS 2003 Kereskedelmi és Szolgáltató Kft | Target Company | Company | A Hungarian company in which Ditta Lanfranchi acquired an 85% stake. |
| Zipperr | Seller | Company | One of the sellers of Myzip's share capital. |
| Aceti | Seller | Company | Co-owner and seller of Myzip's shares to Ditta Lanfranchi. |
| Gianni & Origoni | Legal Advisor | Company | A law firm providing M&A legal services to Ditta Lanfranchi. |
| Szecskay | Legal Advisor | Company | A legal firm handling Hungarian legal aspects of the acquisition. |
| Passi | Legal Advisor | Company | Provided legal advice to the sellers of Myzip. |
| Morandi | Legal Advisor | Company | Advised the sellers in the transaction alongside Passi. |
| Margherita Vanoli | Notary | People | Handled notarial aspects of the acquisition transaction. |