Pedersoli with Tengram in the sale of Vicenza Manufacturing

Milan, 31 July 2017 – Pedersoli Studio Legale, with a team composed of Elio Marena (Equity Partner), Alessandro Ronchini (Associate) and Elena Marinucci (Counsel) as to bankruptcy law issues, has advised the US private equity fund Tengram Capital Partner Gen 2 (and its controlled companies: Zanella Operating LLC, Zanella International S.r.l. and the other companies of Zanella Group) in the agreements relating, on one hand, the sale by Vicenza Group Holding GmbH to Bulls&Lions S.r.l., a company based in Vicenza belonging to On Industry Group, of the whole share capital of Vicenza Manufacturing S.r.l., a manufacturer in the textile industry and, on the other hand, the execution of an agreement aimed at entrusting Vicenza Manufacturing with the production of products under Zanella trademark at the factory located in Caldogno to support business continuity of Vicenza Manufacturing. In the context of the transaction, also further agreements have been executed among Tengram, Vicenza Manufacturing and On Industry, including license agreements aimed at consolidating the industrial and commercial partnership between Tengram/Zanella and On Industry Group. Roberto Luison has been appointed as current receiver of Vicenza Manufacturing.

Bulls&Lions and On Industry have been advised, as to legal aspects, by Favero Canilli e Associati in Vicenza, with Riccardo Canilli (Partner) and Lara Meneghello and, as to finance and tax issues of the transactions, by Paolo Cappellotto at Studio Sator and Alberto Matteazzi at SIC law firm.

Vicenza Group Holding, Shrine Pass Investments and the former receiver of Vicenza Manufacturing, have been advised by Morrison Cohen LLP, with the attorneys Zachary Jacobs and Jeffrey P. Englander.




Marketing & Business Development Department

Pedersoli Studio Legale

Tel: +39 02 30 30 51


Sara Balzarotti

Ad Hoc Communication Advisors

Tel. +39 335 1415584