Milan, 14 January 2019 – On today’s date, 60% sale of System Ceramics has been executed, as provided for in the corporate sale and purchase agreement relating to corporate shareholdings and granting of options entered into between Coesia S.p.A. and System S.p.A. in the end of July 2018.
Coesia Group has been advised by Pedersoli Studio Legale with a team composed of Eugenio Barcellona (Equity Partner) and Leonardo Bonfanti, Filippo Paolo Durazzo and Carlo Ranotti (Associates) as to corporate and M&A aspects and by Davide Cacchioli (Equity Partner) with Alessandro Bardanzellu (Partner) as to antitrust issues. Fava & Associati, with a team led by Gabriele Fava (Name Partner) and composed of Emanuele Licciardi (Partner) and Esterina Mascioli (Trainee), has provided legal assistance in relation to labour law aspects of the transaction.
System has been advised by Enrico Bemporad and Studio Pincelli & Associati.
Such transaction will result in a consolidated turnover for Coesia Group of approximately 2 billion Euro.
FOR FURTHER INFORMATION:
Marketing & Business Development Department
Pedersoli Studio Legale
Tel: +39 02 30 30 51
Ad Hoc Communication Advisors
Tel. +39 335 1415584