Univergomma Completes Acquisition of Momo
Deal News | Mar 31, 2025 | Legal Community Italy
Univergomma S.p.A., a prominent Italian company specializing in the distribution of aftermarket tires, has completed the acquisition of 100% of Momo S.r.l., an influential player in the design, production, and sale of automotive parts and accessories. This strategic acquisition aligns with Univergomma's broader growth plan to solidify its leadership in the global automotive market. Legal assistance for Univergomma was provided by Chiomenti, which included handling corporate and M&A aspects, as well as IP and data protection concerns. Momo Group (CY) Limited, the seller, received legal support from Carnelutti Law Firm. The notarization was handled by ZNRnotai.
Sectors
- Automotive
- Legal Services
- Corporate Finance
Geography
- Italy – Univergomma, the acquiring company, is based in Italy, and the article emphasizes its market leadership within the Italian tire industry.
Industry
- Automotive – The automotive industry is relevant as the article discusses the acquisition of a company specializing in automotive parts and accessories by a tire distribution company.
- Legal Services – Relevant due to the significant legal advisory roles played by Chiomenti and Carnelutti Law Firm in the acquisition process.
- Corporate Finance – Pertinent because the acquisition involves corporate restructuring and consolidation strategies facilitated by financial advisory.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Univergomma S.p.A. | Bidding Company | Company | A leading Italian company in the distribution of aftermarket tires, seeking to expand its influence in the automotive industry. |
| Momo S.r.l. | Target Company | Company | A globally recognized company specializing in the design, production, and sale of automotive parts and accessories. |
| Momo Group (CY) Limited | Selling Company | Company | The parent company of Momo S.r.l. involved in the transaction as the seller. |
| Chiomenti | Legal Advisor | Company | Provided legal services for Univergomma, including corporate, M&A, IP, and data protection aspects. |
| Carnelutti Law Firm | Legal Advisor | Company | Assisted the seller, Momo Group (CY) Limited, in the acquisition process. |
| ZNRnotai | Notary | Company | Handled the notarization of documents related to the acquisition. |