Sonepar Expands in Sicily with Met Acquisition

Funding | Jan 23, 2025 | Legal Community Italy

Sonepar Expands in Sicily with Met Acquisition

In the latest move to consolidate its market position, Sonepar Italia has acquired Met, a company specialized in the distribution of electrical supplies in Sicily. The legal advisory on the transaction was provided by Pavia e Ansaldo, marking their second collaboration with Sonepar in 2025. The legal team was led by partner Daniele Carminati, supported by counsel Chiara Andreotti and associates Cristiano Piroli and Giorgia Daniele. They managed critical aspects related to legal due diligence, as well as drafting and negotiating corporate contracts. For fiscal matters, Matteo Molendi of Bpa was the advisor. This acquisition follows Sonepar's earlier procurement of business units from four electrical distribution companies in Central Italy, underscoring the firm's strategic penetration across the Italian market. Dblex, through partner Paolo Di Bella, represented the shareholders of Met in this transaction.

Sectors

  • Legal Services
  • Electrical Distribution
  • Mergers and Acquisitions

Geography

  • Italy – The acquisition involves Sonepar Italia and Met, both operating within the Italian market.
  • Sicily – Met is based in Sicily, making the region a significant aspect of the geographical focus.
  • Central Italy – Mentioned as the location of four other electrical distribution companies that Sonepar recently acquired.

Industry

  • Legal Services – Pavia e Ansaldo provided legal advisory for the acquisition, highlighting the role of law firms in M&A transactions.
  • Electrical Distribution – Both Sonepar Italia and Met operate within the distribution of electrical materials, which is the focus of the acquisition.
  • Mergers and Acquisitions – The article covers the acquisition of Met by Sonepar, an example of an M&A transaction.

Financials

    Participants

    NameRoleTypeDescription
    Sonepar ItaliaBuyerCompanyA company active in the distribution of electrical materials.
    Pavia e AnsaldoLegal AdvisorCompanyA law firm that provided legal services for the acquisition transaction.
    MetTarget CompanyCompanyA distributor of electrical materials in Sicily.
    DblexLegal Advisor for SellerCompanyA law firm representing Met's shareholders in the transaction.
    BpaFiscal AdvisorCompanyProvided fiscal assistance in the transaction, specifically by Matteo Molendi.
    Daniele CarminatiPartner, Legal Advisory TeamPersonLed Pavia e Ansaldo's advisory team on the acquisition.
    Chiara AndreottiCounsel, Legal Advisory TeamPersonPart of the Pavia e Ansaldo team managing the acquisition.
    Cristiano PiroliAssociate, Legal Advisory TeamPersonContributed to the legal due diligence and contract negotiations at Pavia e Ansaldo.
    Giorgia DanieleAssociate, Legal Advisory TeamPersonPart of the legal team at Pavia e Ansaldo assisting Sonepar.
    Emanuele DecataldoGeneral Counsel, Sonepar ItaliaPersonCoordinated Sonepar Italia's legal matters in the acquisition.
    Andrea Dalla VecchiaVice President Finance, Sonepar ItaliaPersonKey financial figure in coordinating the transaction for Sonepar.
    Samantha PozziTax and Accounting Manager, Sonepar ItaliaPersonManaged tax and accounting issues related to the acquisition.
    Paolo Di BellaPartner, Legal Advisor for Met's shareholdersPersonRepresentation of Met's shareholders by Dblex in the acquisition.
    Matteo MolendiFiscal Advisor from BpaPersonHandled fiscal advisory tasks during the acquisition process.