Giovannelli e Associati and Crowe Bompani have advised the Azelis group in the acquisition, while AMTF Avvocati advised the sellers.
Azelis group, a leading distributor of specialty chemicals and food ingredients, operating across the world in 56 countries and with a consolidated turnover in 2019 equal to Euro 2,15 billion, acquired the entire corporate capital of Came Chemical and Mineral Engineering S.r.l., specialized in the distribution of chemicals for friction and sintering applications, CASE (coatings, adhesives, sealants and elastomers), and cosmetics.
The transaction, consistent with Azelis’ corporate strategy of complementing organic growth with strategic acquisitions, follows certain significant acquisitions in the recent years by Azelis group in Italy, such as Ametech in 2016 and Deafarma in 2019. The acquisition of Came illustrates the support provided by EQT since the initial acquisition of Azelis.
Giovannelli e Associati advised Azelis on all legal aspects of the transaction, with a team led by partner Nicoletta Carapella (pictured) and included Paola Pagani, Lilia Montella and Claudia Raimondi for corporate aspects, Riccardo Pontremoli for regulatory aspects related to the “Golden Power” filing, Giuseppe Matarazzo and Marco Calabrò for labour aspects.
Crowe Bompani advised Azelis on financial and tax aspects of the transaction with a team composed of Alessandro Ruina, David Stainer, Giorgio Solbiati and Valeria Squillario.
AMTF Avvocati advised the sellers, with a team led by partner Alberto Crivelli and comprised associate Giusy Cardinale for corporate aspects, and by partner Piercarlo Antonelli for labour aspects.
Arkios Italy acted as financial advisor to the sellers, with a team comprised by director Deborah Setola and associate Simone Lo Giudice.
Involved fees earner: Piercarlo Antonelli – AMTF Avvocati; Giusy Cardinale – AMTF Avvocati; Alberto Crivelli – AMTF Avvocati; Marco Calabrò – Giovannelli e Associati Studio Legale; Nicoletta Carapella – Giovannelli e Associati Studio Legale; Giuseppe Matarazzo – Giovannelli e Associati Studio Legale; Lilia Montella – Giovannelli e Associati Studio Legale; Paola Pagani – Giovannelli e Associati Studio Legale; Riccardo Pontremoli – Giovannelli e Associati Studio Legale; Claudia Raimondi – Giovannelli e Associati Studio Legale;