San Paolo Lamiere Completes Acquisition of Italpack
Deal News | Nov 21, 2024 | Legal Community Italy
San Polo Lamiere, a historic service center in Parma specializing in steel processing and distribution, has acquired 100% of Italpack, a service center active in the processing and distribution of tinplate. The acquisition signifies a strategic expansion in the steel industry sector for San Polo Lamiere. The company was legally advised by PwC TLS Avvocati e Commercialisti, with a multidisciplinary team addressing contractual, corporate, and labour law aspects. This included teams led by partner Filippo Zucchinelli and partner Francesca Tironi. On the financial advising front, Scouting Capital Advisors played a crucial role with a team led by Managing Partner Filippo Bratta. The Azzolini family, presumably the sellers, were assisted by CBA Studio Legale Tributario with partner Stefano Petrecca. This acquisition represents a consolidation in the steel services industry, bolstering San Polo Lamiere's market position.
Sectors
- Steel Processing and Distribution
- Legal and Financial Advisory
Geography
- Italy – San Polo Lamiere and Italpack are Italian companies, making Italy a central geographic focus of the acquisition.
Industry
- Steel Processing and Distribution – The acquisition involves companies specializing in the processing and distribution of steel and tinplate, central to the steel industry.
- Legal and Financial Advisory – PwC TLS and Scouting Capital Advisors provided legal and financial advisory services, highlighting the involvement of professional services within this deal.
Financials
- 100% Acquisition – San Polo Lamiere acquired 100% of Italpack.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| San Polo Lamiere | Acquirer | Company | A historic service center based in Parma, specializing in steel processing and distribution. |
| Italpack | Target | Company | A service center engaged in processing and distributing tinplate. |
| PwC TLS Avvocati e Commercialisti | Legal Advisor | Company | Provided legal advisory services for the acquisition with a multidisciplinary team. |
| Scouting Capital Advisors | Financial Advisor | Company | Acted as the financial advisor for San Polo Lamiere in the acquisition. |
| Famiglia Azzolini | Selling Company | People | Presumably the owners of Italpack and the sellers in the acquisition. |
| CBA Studio Legale Tributario | Legal Advisor for Seller | Company | Provided legal assistance to the Famiglia Azzolini. |