Sicer Partners with Ardian for Strategic Stake Acquisition
Deal News | Jan 14, 2025 | PedersoliGattai
Ardian has signed binding agreements to purchase a minority stake in Sicer, a prominent company that innovates and produces high-quality coatings for the ceramics sector. This acquisition will bolster the positions of Gianfranco Padovani and Giuliano Ferrari, Sicer's Executive Chairman and CEO respectively, who are reinvesting to acquire a majority stake. The majority stake had been previously held by Demos 1, a private equity fund managed by Azimut Libera Impresa SGR since November 2020. Law firm PedersoliGattai represented Ardian throughout the acquisition process, deploying a versatile team under the leadership of partner Stefano Catenacci. The firm's team, specialized in corporate M&A, finance, and antitrust aspects, provided comprehensive support to Ardian during due diligence.
Sectors
- Ceramics Manufacturing
- Private Equity
- Legal Services
Geography
- Italy – Sicer and the advisory firm PedersoliGattai are based in Italy, and the investment firm Ardian operates globally with significant activities in Europe, including Italy.
Industry
- Ceramics Manufacturing – The article focuses on Sicer, a company involved in the development and production of coatings for the ceramics industry.
- Private Equity – The article discusses the acquisition of a minority stake by Ardian, a private equity firm, in Sicer.
- Legal Services – PedersoliGattai, a law firm, plays a significant role in advising Ardian on the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sicer | Target Company | Company | A global leader in the development and production of high-quality coatings for the ceramics industry. |
| Ardian | Bidding Company/Buyer | Company | A private equity firm acquiring a minority stake in Sicer. |
| Demos 1 | Selling Company | Company | A private equity fund managed by Azimut Libera Impresa SGR, previously holding the majority stake in Sicer. |
| Azimut Libera Impresa SGR | Manager of Selling Company | Company | Part of the Azimut Group, managing the Demos 1 fund which invested in Sicer. |
| PedersoliGattai | Legal Advisor | Company | A law firm advising Ardian with a multidisciplinary team on the Sicer acquisition. |