Tonelli Acquires Flainox in Strategic Expansion
Deal News | Feb 04, 2025 | Legal Community Italy
Adacta Tax & Legal has assisted Tonello, a company renowned for its garment finishing technologies, in acquiring Flainox, based in Quaregna Cerreto, known for its expertise in dyeing machine production with over fifty years of industry experience. Flainox will continue to operate under its brand post-acquisition while collaborating with Tonello's team. Adacta Tax & Legal managed the legal and fiscal dimensions of the deal, led by Giulia Gionfriddo and Riccardo Carraro with their legal team of Giuseppe Valerio and Fabio Ferrari. Adacta Advisory provided financial advisory services through Francis De Zanche and Elisabetta Perissinoto. Flainox was represented legally by PedersoliGattai, with a team consisting of Carla Mambretti, Enrico Candotti, and Giulia Fioramonti, while Sidro Benigno, represented by Alessio Poi, handled its fiscal and accounting aspects.
Sectors
- Garment Technology
- Legal and Financial Advisory
- Manufacturing Machinery
Geography
- Italy – The acquisition involves Italian companies Tonello and Flainox, with legal firms Adacta, PedersoliGattai, and Sidro Benigno all based in Italy.
Industry
- Garment Technology – Tonello is specialized in garment finishing technologies, a key part of the textile and garment industry.
- Legal and Financial Advisory – Multiple firms were involved in providing legal and financial advice, including Adacta and PedersoliGattai.
- Manufacturing Machinery – Flainox is specialized in the production of dyeing machines, an important sector within manufacturing.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tonello | Bidding Company | Company | A company specialized in garment finishing technologies. |
| Flainox | Target Company | Company | A company with over fifty years of experience in dyeing machinery production. |
| Adacta Tax & Legal | Legal and Fiscal Advisor | Company | Provided legal and fiscal advisory services to Tonello in the acquisition. |
| Adacta Advisory | Financial Advisor | Company | Provided financial advisory services to Tonello in the acquisition. |
| PedersoliGattai | Legal Advisor | Company | Provided legal advisory services to Flainox during the acquisition. |
| Sidro Benigno | Fiscal and Accounting Advisor | Company | Handled fiscal and accounting aspects for Flainox during the acquisition. |