Keraglass Completes Acquisition of AVG Automazioni to Boost Strategic Integration

Deal News | Jun 05, 2025 | Legal Community Italy

Keraglass Completes Acquisition of AVG Automazioni to Boost Strategic Integration

Keraglass, a leading company in industrial machinery for glass processing, has completed the acquisition of 100% of AVG Automazioni's share capital. AVG Automazioni specializes in the design and production of industrial electrical panels and was founded in 1978 by Mauro Bagni, Graziano Omar Incerti, Marco Cesana, and Tiziano Vandelli. The acquisition is part of Keraglass's strategy to consolidate its integration of strategic technologies, leveraging the firm's position in the industrial sector supported by Voilp S.p.A. and the Spezzani family. Legal aspects of the transaction were advised by PedersoliGattai, with a team led by partner Andrea Faoro. They handled corporate/M&A aspects along with labour and due diligence considerations. Additionally, PPI & Partners advised Keraglass on tax matters. The sellers received legal and fiscal assistance from Studio SGB & Partners, guided by Corrado Baldini.

Sectors

  • Industrial Machinery
  • Electrical Equipment Manufacturing
  • Legal Services
  • Tax Advisory

Geography

  • Italy – The acquisition involves Italian companies and legal firms, indicating its geographic relevance to Italy.

Industry

  • Industrial Machinery – Keraglass operates in the industrial machinery sector, providing equipment for glass processing, which is relevant to the acquisition of AVG Automazioni.
  • Electrical Equipment Manufacturing – AVG Automazioni specializes in the design and production of industrial electrical panels, classifying it within the electrical equipment manufacturing sector.
  • Legal Services – Multiple legal firms provided advisory services during the acquisition process, highlighting the role of legal services in M&A activities.
  • Tax Advisory – Tax advisory services were critical in the acquisition process, as highlighted by PPI & Partners' role in advising on fiscal matters.

Financials

    Participants

    NameRoleTypeDescription
    KeraglassAcquiring CompanyCompanyKeraglass is a leader in industrial machinery for glass processing, owned by Voilp S.p.A. and the Spezzani family.
    AVG AutomazioniTarget CompanyCompanyAVG Automazioni specializes in industrial electrical panels, founded in 1978 by Mauro Bagni, Graziano Omar Incerti, Marco Cesana, and Tiziano Vandelli.
    Voilp S.p.A.Backer of KeraglassCompanyVoilp S.p.A. is one of the stakeholders in Keraglass, supporting its strategic acquisitions.
    Spezzani FamilyBacker of KeraglassPeopleThe Spezzani family is one of the stakeholders in Keraglass, supporting its strategic acquisitions.
    PedersoliGattaiLegal Advisor for KeraglassCompanyPedersoliGattai provided legal advice to Keraglass during the acquisition, with expertise in corporate/M&A and labour law.
    PPI & PartnersTax Advisor for KeraglassCompanyPPI & Partners offered tax advisory services to Keraglass for the acquisition.
    Studio SGB & PartnersLegal and Tax Advisor for SellersCompanyStudio SGB & Partners provided legal and tax guidance to AVG Automazioni's sellers in the transaction.