Sapio Partners with Ayrion for Biometano Joint Venture
Deal News | Apr 15, 2025 | Legal Community Italy
ADVANT Nctm has played a crucial role in advising the Sapio Group on entering a significant joint venture with Ayrion SpA, aimed at developing and managing biomethane projects. Through this venture, Sapio acquired a 50% stake in SAYgreen S.r.l., a holding company primarily composed of Ayrion's split-off interests in biomass-fueled biogas production plants. This acquisition marks Sapio's further expansion into the renewable energy sector, particularly the biomethane plant industry. While ADVANT Nctm provided M&A and regulatory assistance for Sapio, LS Lexjus Sinacta assisted Ayrion. This strategic collaboration between two industry leaders underscores a commitment to advancing energy projects powered by renewable sources.
Sectors
- Renewable Energy
- Industrial Gases and Biotechnology
- Legal Advisory
Geography
- Italy – The article revolves around Italian companies and law firms, showcasing a deal within the Italian renewable energy and legal markets.
Industry
- Renewable Energy – The article focuses on a joint venture between Sapio and Ayrion to develop biomethane projects, contributing to the renewable energy sector.
- Industrial Gases and Biotechnology – Sapio is noted for its production of industrial gases, and Ayrion is involved in biotechnology, emphasizing the article's relevance to these sectors.
- Legal Advisory – The involvement of law firms ADVANT Nctm and LS Lexjus Sinacta in advising the parties highlights the legal advisory sector's role in facilitating M&A transactions.
Financials
- 50% – Sapio's acquired stake in SAYgreen S.r.l., the holding company formed from Ayrion's assets.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sapio Group | Buyer | Company | An Italian company engaged in the production and supply of industrial and medicinal gases, and homecare services. |
| Ayrion SpA | Target Company | Company | A company involved in biomass energy production and industrial biotechnologies, with partial ownership by Orogel and the Riciputi family. |
| ADVANT Nctm | Legal Advisor for Sapio | Company | A law firm advising on M&A and regulatory aspects for Sapio in the joint venture. |
| LS Lexjus Sinacta | Legal Advisor for Ayrion | Company | A law firm providing legal support to Ayrion during the joint venture. |
| Orogel | Partial Owner of Ayrion | Company | One of the entities owning a stake in Ayrion SpA. |
| Mario Riciputi Family | Partial Owner of Ayrion | People | The family holding a financial stake in Ayrion SpA. |