Vandewiele’s Acquisition of Savio Macchine Tessili group

Deloitte Legal advised Vandewiel on the deal.

Vandewiele, a Belgian international group specialising in the design, manufacture and installation of machinery for the textile industry, completed the acquisition of the Savio Macchine Tessili group, a key global player in textiles technology, from Alpha Private Equity.

Vandewiele maintains operations in Belgium, China, Italy, France, Sweden and Germany. Its new acquisition Savio has factories in Italy, China, India, Belgium, Germany and Switzerland.

Deloitte Legal worked through a multidisciplinary and cross-border team, coordinated by Emmanuel Leroux (Photo) in Belgium, with Giorgio Mariani from Deloitte Legal in Italy. Deloitte Legal also worked in collaboration with Deloitte Legal, Tax and Financial teams from the respective offices in Belgium, Italy, Switzerland and Germany.

Involved fees earner: Emmanuel Leroux – Deloitte Tax & Legal; Giorgio Mariani – Deloitte Tax & Legal;

Law Firms: Deloitte Tax & Legal;

Clients: Van de Wiele;