Phoenix International Completes Double Acquisition in UAE and Poland
Deal News | Jan 31, 2025 | Legal Community Italy
Phoenix International, an Italian company specializing in the manufacture of extrusion dies for aluminum, and managed under the investment firm Ambienta Sgr, has completed strategic acquisitions in the United Arab Emirates and Poland. The company has acquired majority stakes in Phoenix Middle East For Precision Dies, located in the UAE, and Extrusion Dies Poland (EDP) in Poland. These acquisitions are set to enhance Phoenix International's footprint in the extrusion die market. Legal advisors for these transactions included PedersoliGattai in Italy, supported by Clyde & Co for the UAE deal, and EY Law Poland for the Polish acquisition. Both transactions involved complex corporate legal frameworks, underscoring the significance of these strategic moves in increasing Phoenix's production capabilities and market reach.
Sectors
- Manufacturing
- Private Equity
- Legal Services
Geography
- United Arab Emirates – The UAE is significant as it is the location of one of the companies acquired by Phoenix International.
- Poland – Poland is relevant as it is the location of the other company acquired by Phoenix International.
- Italy – Italy is relevant as the base of operations for Phoenix International and its legal advisors.
Industry
- Manufacturing – The article focuses on manufacturing, specifically the production of extrusion dies for aluminum, which is a key component of the industry's operations.
- Private Equity – Ambienta Sgr, a private equity firm, is highlighted in the article as the asset manager orchestrating these acquisitions, indicative of investment strategies within the sector.
- Legal Services – Multiple law firms are involved in providing legal consultancy, showcasing the pivotal role of legal services in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Phoenix International | Target Company | Company | An Italian company specializing in the production of extrusion dies for aluminum. |
| Ambienta Sgr | Bidding Company | Company | A private equity firm managing Phoenix International, guiding their strategic acquisitions. |
| Phoenix Middle East For Precision Dies | Target Company | Company | A UAE-based company specializing in extrusion dies for aluminum. |
| Extrusion Dies Poland (EDP) | Target Company | Company | A Poland-based company specializing in extrusion dies for aluminum. |
| PedersoliGattai | Legal Advisor | Company | An Italian law firm which advised Phoenix International on the acquisitions. |
| Clyde & Co | Local Legal Consultant for UAE | Company | Provided local legal consultancy for the acquisition in the UAE. |
| EY Law Poland | Local Legal Consultant for Poland | Company | Provided local legal consultancy for the acquisition in Poland. |