Union Plast Transfers Majority Stake to Volpato Industrie
Deal News | Apr 07, 2025 | Finance Community IT - 1 Corporate M&A
In a recent corporate M&A transaction, Union Plast, a company known for its manufacturing of furniture components, has sold a majority share of its capital to Volpato Industrie, an Italian company active in the same sector. As part of the agreement, members of Union Plast's second-generation leadership, Elisa Bariviera who will sit on the company's Board of Directors, and Riccardo Bariviera, will retain a stake and support its new phase of development. BF & Company acted as the exclusive financial advisor to Union Plast, led by Alessandro Zanatta and Gianmarco Barbini, focusing on assessments, negotiations, and conducting due diligence. Volpato Industrie was advised by Adacta Advisory for financial matters, supported by Adacta Tax & Legal for legal and structural aspects, Studio BCL of Treviso for contractual and legal issues, and Grab Italia for business and management control aspects.
Sectors
- Manufacturing
- Private Equity and M&A
Geography
- Italy – The companies involved, Union Plast and Volpato Industrie, along with the legal and financial advisors, are Italian, indicating that the M&A transaction is based in Italy.
Industry
- Manufacturing – The article involves Union Plast and Volpato Industrie, both companies engaged in the manufacturing of furniture components.
- Private Equity and M&A – The article discusses an M&A transaction where a majority stake of Union Plast was acquired by Volpato Industrie.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Union Plast | Target Company | Company | A company engaged in the manufacturing of components for furniture. |
| Volpato Industrie | Bidding Company | Company | An Italian player active in the manufacturing sector, particularly in the same field as Union Plast. |
| BF & Company | Financial Advisor | Company | The exclusive financial advisor to Union Plast, with a team led by Alessandro Zanatta and Gianmarco Barbini. |
| Adacta Advisory | Financial Advisor | Company | Provided financial advisory services to Volpato Industrie. |
| Adacta Tax & Legal | Legal Advisor | Company | Handled legal and structural aspects of the transaction for Volpato Industrie. |
| Studio BCL of Treviso | Legal Advisor | Company | Acted as a legal consultant for contractual and legal aspects. |
| Grab Italia | Business Consultant | Company | Provided support on business and management control matters. |
| Elisa Bariviera | Leadership | Person | Second-generation leader of Union Plast who will sit on the Board of Directors. |
| Riccardo Bariviera | Leadership | Person | Second-generation leader of Union Plast who will retain a stake in the company. |