Maricell: Total Acquisition Spearheaded by BF & Company and 81 SCF Family Office

Deal News | Jan 27, 2025 | Finance Community IT - 1 Corporate M&A

Maricell: Total Acquisition Spearheaded by BF & Company and 81 SCF Family Office

The article discusses the complete acquisition of the company Maricell, situated in Longarone, Italy, by a club deal led by BF & Company, an independent financial boutique specializing in extraordinary finance operations, in collaboration with 81 SCF Family Office, an independent family office based in Vicenza. The acquisition did not involve third-party financing. The joint venture primarily handled project management, due diligence, and negotiation elements of the acquisition, with additional advisors involved for legal, tax, financial, and compliance reviews. Maricell, an Italian company founded nearly 40 years ago by Lucio Della Mora, specializes in polymer materials and aims to kickstart a new growth cycle. The new growth plan entails an €8 million investment over four years to enhance production processes, expand manufacturing, and make strategic managerial appointments. The founder's family will remain engaged in the company, led by the current CEO, Massimiliano Demenego Della Mora, ensuring strategic continuity alongside BF & Company and 81 SCF Family Office's new influence. The acquisition plans also include potential M&A activities to create an Italian composite materials pole to serve its client base. The move is underscored by a strong sustainability focus, leveraging the company's market insight and historical knowledge.

Sectors

  • Finance
  • Materials
  • Investment and Advisory

Geography

  • Italy – Maricell is based in Longarone, Italy, and the principal activities and participants in the acquisition are Italian entities or have significant operations in Italy.

Industry

  • Finance – BF & Company specializes in extraordinary finance operations, and the acquisition involves structuring and financial planning typical of the finance industry.
  • Materials – Maricell operates within the materials industry, focusing on the production of plastics and polymer materials.
  • Investment and Advisory – The involvement of 81 SCF Family Office and various legal and financial advisors places this firmly within the investment and advisory sector.

Financials

  • €30 million – Current annual revenue of Maricell, with nearly 70% of it generated internationally.
  • €8 million – Amount to be invested over the next four years in Maricell's new growth phase.

Participants

NameRoleTypeDescription
BF & CompanyOrganizer and Leader of the Club DealCompanyAn independent financial boutique specializing in extraordinary finance operations.
81 SCF Family OfficePartner in the Club DealCompanyAn independent family office based in Vicenza, focusing on the investment needs of entrepreneurial families.
MaricellTarget CompanyCompanyAn Italian company specializing in processing plastic and polymer materials, based in Longarone.
Lucio Della MoraFounder of MaricellPersonPioneer in the plastic processing industry in Italy.
Massimiliano Demenego Della MoraCurrent CEO of MaricellPersonNiece of the founder, ensuring continuity in the company's management and strategic direction.
TP LegalLegal AdvisorCompanyProvided legal due diligence and contractual assistance.
Pirola Pennuto Zei & AssociatiTax AdvisorCompanyConducted tax structure and due diligence.
Epyon ConsultingFinancial and Employment AdvisorCompanyPerformed financial and employment-related due diligence.
MarshInsurance AdvisorCompanyHandled insurance due diligence and W&I coverage.
Studio SpolidoroCorporate Law AdvisorCompanyAdvised on corporate law aspects.
Osborne ClarkeGolden Power AdvisorCompanyAdvised on Golden Power procedures.
Studio Danovi professionisti associatiFinancial Plan AnalystCompanyAnalyzed financial business plans.
Marcello Antonio VolpeHealth, Safety, and Environment AdvisorPersonConducted due diligence in health, safety, and environmental aspects.
Studio Giovanardi and Studio Grimaldi Alliance TrevisoSeller's AdvisorsCompanyAssisted the seller in the acquisition process.