Peninsula Capital’s Acquisition of Stake in Isola dei Tesori

White & Case LLP advised Peninsula Capital on the deal.

The independent UK investment firm Peninsula Capital executed its acquisition, through an investment vehicle jointly controlled by Peninsula and Azimut Libera Impresa SGR S.p.A., of a 75 per cent stake in D.M.O. Pet Care s.r.l., a leading Italian pet food and care retail chain founded in 2000 by the Celeghin family and operating under the brand ‘Isola dei Tesori’.

Azimut Libera Impresa acted on behalf of investment fund ‘Demos 1’, the first closed-end private equity fund created for the retail sector.

The transaction involves the share control acquisition of D.M.O. Pet Care by Peninsula and Azimut. The Celeghin family and certain managers of the company will retain a minority stake. The transaction aims to continue the company’s strategic development the success story of the founding family, which will ensure operational continuity.

The White & Case team which advised on the M&A and financing aspects of the transaction comprised partner Iacopo Canino (Milan; Picture), local partner Alessandro Seganfreddo (Milan), associates Cristina Riva, Adriana Tisi (both Milan) and David Smith (Frankfurt) and lawyers Francesco Mozzone and Pietro Festorazzi (both Milan).

Involved fees earner: Iacopo Canino – White & Case; Cristina Riva – White & Case; Alessandro Seganfreddo – White & Case; David Smith – White & Case; Adriana Tisi – White & Case;

Law Firms: White & Case;

Clients: Peninsula Capital S.a.R.L.;