Valtecne Acquires Majority Stake in Utilità
Deal News | Dec 10, 2024 | Legal Community Italy
Valtecne, a company specializing in precision mechanics for medical devices and industrial applications, has recently acquired a 60% stake in Utilità, a Vicenza-based firm known for its contract manufacturing of precision mechanical components. The seller, the sole shareholder Utilità Group, was advised by SLT Strategy Legal Tax, with senior partners Enrico Comparotto and Gian Paolo Ranocchi leading the legal and taxation support. Assisting Valtecne were Advant Nctm on legal matters, and BDO Advisory Services along with BDO Tax for financial, payroll, and fiscal due diligence, with Emintad Italy serving as the financial advisor. This acquisition signifies Valtecne’s strategic move to integrate and expand its product offerings within the precision manufacturing sector.
Sectors
- Precision Manufacturing
- Healthcare Equipment & Services
- Legal Consultancy
- Financial Advisory
Geography
- Italy – Both Valtecne and Utilità are based in Italy, as are the advisory firms involved, making Italy the primary geography for this transaction.
Industry
- Precision Manufacturing – This industry is relevant as both Valtecne and Utilità are involved in the manufacturing of high-precision components.
- Healthcare Equipment & Services – Valtecne specializes in precision mechanics for medical devices, linking the transaction to the healthcare sector.
- Legal Consultancy – Various legal advisors were involved in the transaction, highlighting the importance of legal consultancy in M&A transactions.
- Financial Advisory – Financial advisory was a critical part of this deal with several firms providing fiscal, financial, and payroll due diligence.
Financials
- 60% – Valtecne acquired a 60% stake in Utilità.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Valtecne | Buyer | Company | Specializes in high precision mechanics for medical and industrial applications. |
| Utilità | Target | Company | Company specializing in the contract manufacturing of precision mechanical components. |
| Utilità Group | Vendor | Company | Previous sole shareholder of Utilità. |
| Advant Nctm | Legal Advisor | Company | Provided legal support for Valtecne in the acquisition. |
| BDO Advisory Services and BDO Tax | Financial Advisor | Company | Conducted financial, payroll, and fiscal due diligence for Valtecne. |
| Emintad Italy | Financial Advisor | Company | Provided financial advisory services to Valtecne. |
| SLT Strategy Legal Tax | Legal and Tax Advisor | Company | Advised Utilità Group, with senior partners focusing on legal and tax affairs. |