Sapa Acquires 100% Stake in Megatech Industries
Deal News | Mar 03, 2025 | Legal Community Italy
Gianni & Origoni, a distinguished law firm, has successfully advised Sapa, a noteworthy player in the automotive sector, on the complete acquisition of Megatech Industries Aktiengesellschaft. This transaction involves the injection molding specialist for mobility-focused plastic components. The legal advisory service was spearheaded by partners Gabriella Covino and Mattia Casarosa, along with associates Hilde Arcovito and Gaia Pisani, focusing on M&A aspects. Regulatory and competition facets were managed by partner Francesco Salerno and associate Marco Grantaliano. The Austrian legal angles were handled by Wolf Theiss, while LIVA, with Tommaso Borelli leading as Head of Italy, provided M&A insurance brokerage for a W&I policy negotiation.
Sectors
- Automotive
- Legal Services
- Insurance
Geography
- Italy – Gianni & Origoni, leading the legal aspects of the transaction, is based in Italy. Sapa, the acquiring company, is involved in this market as well.
- Austria – Wolf Theiss, handling Austrian legal matters, indicates the significant involvement of this geography in the deal.
Industry
- Automotive – Sapa operates in the automotive industry, making this sector highly relevant to the transaction with Megatech Industries, which specializes in automotive plastic components.
- Legal Services – Involvement of Gianni & Origoni and Wolf Theiss law firms for legal advisory roles emphasizes the importance of legal services in this acquisition.
- Insurance – LIVA's role as an insurance broker in negotiating the W&I policy highlights the insurance sector's participation in the deal.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sapa | Buyer | Company | An automotive company acquiring Megatech Industries. |
| Megatech Industries Aktiengesellschaft | Target | Company | A company specializing in injection molding for mobility industries. |
| Gianni & Origoni | Legal Advisor | Company | A law firm advising Sapa on the legal aspects of the acquisition. |
| Wolf Theiss | Legal Advisor | Company | Handled Austrian legal profiles of the transaction. |
| LIVA | Insurance Broker | Company | Brokers M&A insurance negotiations, specifically the W&I policy. |