Mgf Tacho Divests Commercial Division to Multinational

Deal News | Dec 03, 2024 | Legal Community Italy

Mgf Tacho Divests Commercial Division to Multinational

Bsva studio legale associato, under the leadership of partners Marco Lantelme and Paolo Vigan, has successfully overseen the divestment of the commercial division of Mgf Tacho, a company renowned for its tachograph equipment for the automotive sector. Mgf Tacho, the successor to Lt Instruments, which was founded in 1980 by Giancarlo Martinelli, has sold its commercial operations to a multinational corporation involved in the same industry. This strategic move positions Mgf Tacho to focus on other aspects of their business, potentially enhancing their technological offerings and maintaining market presence.

Sectors

  • Automotive
  • Legal Services
  • Manufacturing

Geography

  • Italy – Mgf Tacho and Bsva studio legale associato are based in Italy, which is the location where this business transaction occurred.

Industry

  • Automotive – Mgf Tacho operates in the automotive sector, providing tachographs, which are essential devices used in the automobile industry.
  • Legal Services – Bsva studio legale associato provided legal and fiscal services, indicating the relevance of the legal services industry in this transaction.
  • Manufacturing – Mgf Tacho's core business in manufacturing tachographs and related devices falls under the manufacturing industry.

Financials

    Participants

    NameRoleTypeDescription
    Mgf TachoTarget CompanyCompanyA company specializing in tachographs for the automotive sector, originally founded as Lt Instruments by Giancarlo Martinelli in 1980.
    Bsva studio legale associatoLegal and Fiscal AdvisorCompanyA legal firm that provided advisory services for the divestment of Mgf Tacho's commercial division.
    Multinational CorporationBuyerCompanyThe entity that acquired the commercial division of Mgf Tacho. It operates in the same sector.
    Marco LantelmePartner - Legal AspectsPersonPartner at Bsva studio legale associato, responsible for overseeing legal aspects of the transaction.
    Paolo ViganPartner - Fiscal AspectsPersonPartner at Bsva studio legale associato, responsible for overseeing the fiscal aspects of the transaction.