Ferretti Group announces the acquisition of a production site of over 70,000 square metres, including dry dock, in San Vitale, in the province of Ravenna. This is the sale and purchase of shipyard assets of Rosetti Marino, a leading oil & gas services company in Romagna region. The acquisition amounts to approximately 40 million Euro and further 40 million Euro are expected over the next three years for the construction of new production facilities and a research and development centre. The transaction falls within the growth strategy of Ferretti Group: once fully operational, the new plant will increase production capacity by around 20%.
Pedersoli Studio Legale acted in relation to the legal due diligence and negotiation of purchase agreements with a team led by Ascanio Cibrario (equity partner) including Luca Rossi Provesi (partner), Edoardo Augusto Bononi and Raffaele Mittaridonna (associates) for corporate M&A aspects and a team led by Sergio Fienga (equity partner) including Marco Trevisan (senior lawyer) for administrative law profiles, as well as Andrea de’ Mozzi (equity partner) and Paolo Viganò (counsel) for tax aspects, with the involvement and direction of Niccolò Pallesi, general counsel & secretary of the board of directors at Ferretti Group.
International law firm Gianni & Orgoni assisted the seller Rosetti Marino with a team led by Francesco Gianni (senior partner), including Ludovica Di Paolo Antonio (counsel) and Gabriele Zabbatino (associate). Administrative law matters were managed by Gianfranco Toscano (partner), while environmental law aspects by Elisabetta Gardini (partner).
Pasi & Co. acted as financial advisor of Rosetti Marino with a team composed of Samuele Pasi and Davide Ruvolo (partners).
Notarial aspects were managed by Rinaldi Notary Public at Iannacone Rinaldi in Milan.