Bozzetto Group’s Acquisition Of Asutex

Nctm Studio Legale, Perez-Llorca and Linklaters advised on the transaction.

Bozzetto Group and Asutex announce the finalization of a deal to create a new leader in the specialty textile chemicals industry.

The two groups will continue to operate independently whilst exploiting common synergies in terms of production facilities, know-how and market segments strategies.

Founded in 1987 and headquartered in Barcelona (Spain), Asutex is a renowned manufacturer of chemical products with applications in textile industries. The company has grown internationally, reaching over €45 Million revenues in 2019 in Europe, Asia and Latam. Asutex relies on production plants located in Spain, Morocco, Colombia, China and Malaysia.

Founded in 1919 and headquartered in Filago (Bergamo), Bozzetto Group is a well-established specialty chemicals company which recorded approx. €130 Million sales in 2019, with a strong focus on textile chemicals. Other core segments are Construction chemicals and other specialties for Agro and Water treatment. Bozzetto enjoys an international presence thanks to its five production plants in Italy, Spain, Poland, Turkey and Indonesia. Bozzetto serves over 90 countries worldwide.

Nctm Studio Legale advised Bozzetto Group (“Giovanni Bozzetto S.p.A.”) on the deal with a team led by Matteo Trapani (Picture) alongside Eleonora Sofia Parrocchetti for M&A Matters, and Martina Marmo for Financial aspects.

Linklaters advised Banca IFIS S.p.A., Crédit Agricole Italia S.p.A., UBI Banca S.p.A. and UniCredit S.p.A. on the financing with a team composed by Andrea Arosio, Alessandro Tanno, Sara Giugiario and Guido Parisi.

Involved fees earner: Andrea Arosio – Linklaters; Sara Giugiario – Linklaters; Guido Parisi – Linklaters; Alessandro Tanno – Linklaters; Martina Marmo – NCTM; Eleonora Sofia Parrocchetti – NCTM; Eugenio Siragusa – NCTM; Matteo Trapani – NCTM;

Law Firms: Linklaters; NCTM;

Clients: Banca IFIS; Bozzetto Group; Crédit Agricole Italia; Ubi Banca Gruppo; Unicredit S.p.A.;

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