Itelyum Expands with Acquisition of Waste Management Companies
Deal News | Mar 25, 2025 | Legal Community Italy
Osborne Clarke assisted Itelyum, a leading company in the management, enhancement, and recycling of industrial waste, in acquiring Specialacque, along with its subsidiaries J-Wam S.r.l., W-Jam Lab, and Specialspurghi. These companies specialize in waste management, with a focus on urban and industrial wastewater treatment, and were previously owned by Pietro. The acquisition is part of Itelyum's broader growth strategy, aiming to fortify its position as a market leader in Italian industrial waste management and expand its technological prowess. Osborne Clarke's multidisciplinary team, led by partner Giovanni Penzo, provided corporate, environmental, administrative, and real estate legal support. Itelyum's financial and tax due diligence was advised by Forvis Mazars. The sellers were counselled by Gnecchi Associati and Vincenzi Gnecchi. This acquisition aligns with Itelyum’s goals of innovation, sustainability, and resource valorization within an entrepreneurial ecosystem.
Sectors
- Waste Management
- Environmental Services
- Legal Advisory
Geography
- Italy – The geographical focus is on Italy, where Itelyum is based and the acquisition is taking place, reinforcing its market leadership in the Italian waste management sector.
Industry
- Waste Management – The industry involves the collection, transportation, and disposal of waste, and the article discusses Itelyum’s activities in managing and recycling industrial waste.
- Environmental Services – This involves services related to environmental management, including water treatment, which relates to the activities of the acquired companies that focus on wastewater treatment.
- Legal Advisory – This involves providing legal counsel, which Osborne Clarke, Gnecchi Associati, and Vincenzi Gnecchi contributed to for the acquisition transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Itelyum | Bidding Company | Company | A leader in the management, enhancement, and recycling of industrial waste, acquiring companies to strengthen its Italian market presence. |
| Osborne Clarke | Legal Advisor | Company | Provided legal advisory services to Itelyum for the acquisition. |
| Forvis Mazars | Financial Advisor | Company | Conducted financial and tax due diligence for Itelyum in the acquisition process. |
| Specialacque | Target Company | Company | A company specialized in waste management, focusing on urban and industrial wastewater treatment. |
| Gnecchi Associati | Legal and Financial Advisor | Company | Advised the sellers for financial, corporate, and legal aspects of the transaction. |
| Vincenzi Gnecchi | Legal Advisor | Company | Provided legal advisory to the sellers in the transaction. |