H.B. Fuller Finalizes GEM Acquisition: Legal Advisors Revealed
Deal News | Jan 16, 2025 | Legal Community Italy
H.B. Fuller Company, a prominent player in the adhesives industry, has successfully completed the acquisition of GEM, a company known for its surgical glue and medical adhesives. The acquisition was facilitated by various advisory entities. Legance assisted H.B. Fuller with legal aspects, deploying a team led by Partner Piero Venturini. Other key members included Federico Borgogno and Silvia Odorizzi for M&A, and Elena Ryolo, Francesco Venturi, and Damiano Di Rienzo for labor-related issues. GEM's shareholders were supported by Deloitte Financial Advisory as exclusive M&A advisors, with a team led by Lorenzo Parrini. Legal counsel for the shareholders was provided by Gianni & Origoni, with a team led by Federico Dettori. Tax and fiscal matters were handled by Studio Gnudi, particularly by Partner Gianluca Settepani.
Sectors
- Adhesives Industry
- Medical Adhesives Industry
- Legal Advisory
Geography
- Italy – The legal and advisory services for the acquisition were primarily based in Italy, evident from the involvement of Italian firms and professionals.
- United States – H.B. Fuller, the acquiring company, is a U.S.-based adhesives manufacturer.
Industry
- Adhesives Industry – H.B. Fuller operates in the adhesives industry, providing products used across various applications including surgical glues and medical adhesives.
- Medical Adhesives Industry – GEM is involved in the medical adhesives sector, creating specialized products for surgical use.
- Legal Advisory – Legal advisory played a critical role in the acquisition process, with multiple law firms providing expertise in M&A, labor, and tax matters.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| H.B. Fuller Company | Acquirer | Company | A U.S.-based company specializing in the production of adhesives. |
| GEM | Target | Company | A company specializing in surgical glues and medical adhesives. |
| Legance | Legal Advisor to H.B. Fuller | Company | A law firm providing legal services, specifically for M&A and labor-related matters in this transaction. |
| Deloitte Financial Advisory | M&A Advisor to GEM's Shareholders | Company | Provided exclusive M&A advisory services for the shareholders of GEM. |
| Gianni & Origoni | Legal Advisor to GEM's Shareholders | Company | A law firm that provided legal counsel for GEM's shareholders on M&A and labor issues. |
| Studio Gnudi | Tax and Fiscal Advisor | Company | Handled tax and fiscal aspects of the acquisition. |