Pavia e Ansaldo and Alvarez & Marsal advised on the transaction.
IPCO has acquired the Italian company Extruwork SRL, a manufacturer of extruder lines for powder paint. Core capabilities are within design, production, service and spare parts supply. Extruwork SRL has high technical reputation and knowledge of powder coating, including over 300 reference installations worldwide.
The acquisition further strengthens IPCO’s position in the Powder Paint segment. All key individuals are intended to be transferred to IPCO’s Italian operations outside Milan, Italy.
Pavia e Ansaldo advised IPCO as legal advisor with a team led by Corporate/M&A partner Sven von Mensenkampff alongiside Elena Biancotto.
Christer Wiberg of Alvarez & Marsal acted as transaction advisory.
Clients: IPCO Italy S.r.l.;