IMB Takes Control of TIM
Deal News | Jul 08, 2025 | Legal Community Italy
IMB, a leader in biodegradable and compostable disposable production, has successfully acquired control of TIM, a company with a long history in the plastic processing industry. The acquisition was conducted with the assistance of Studio Porcaro Commercialisti ed Avvocati, which provided accounting and procedural support. This strategic move allows the Iannuzzi Group to enhance its market position, achieving approximately 70 million euros in aggregated revenue.
Sectors
- Biodegradable Products
- Plastic Processing
- Legal Advisory
Geography
- Italy – The acquisition involves Italian companies IMB and TIM, as well as the Studio Porcaro Commercialisti ed Avvocati which is based in Italy.
Industry
- Biodegradable Products – IMB is involved in the production of biodegradable and compostable disposable products.
- Plastic Processing – TIM operates in the plastic processing industry, which is relevant due to its acquisition by IMB.
- Legal Advisory – Studio Porcaro Commercialisti ed Avvocati provided legal and accounting assistance in the acquisition.
Financials
- 70 million euros – Consolidated revenue of the Iannuzzi Group after the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IMB | Acquiring Company | Company | IMB is a leader in the production of biodegradable and compostable disposable products. |
| TIM | Target Company | Company | TIM is a historical company operating in the plastic processing sector. |
| Studio Porcaro Commercialisti ed Avvocati | Legal and Accounting Advisor | Company | Provided legal and accounting assistance in the acquisition deal. |
| Gruppo Iannuzzi | Benefitting Entity | Company | Consolidates its market position through improved revenue after the acquisition. |