The Bandera firm with Fait Plast SpA in the acquisition by Orca Developpement.

The “Bandera Studio Legale Societario Tributario” (i.e., Bandera firm) assisted Fait Plast SpA, a Brescia-based company and international leader in the production of thermoplastic films in the M&A transaction finalized by Orca Developpement, a French-registered company controlled by the listed private equity fund Idi and the Edmond de Rothschild Group.

The acquisition contract was signed in May, 2017, while the closing was finalized in June, 2017.

Fait Plast SpA shareholders, Guido Arici and Pierluigi Beltrami, reinvested in the operation.

The operation is part of a broader strategy aimed at creating a European leader capable of establishing itself in world markets thanks to technical excellence and the expansion of the commercial network.

The firm’s multi-disciplinary team involved in the transaction includes professionals from the legal area for aspects related to the structuring and negotiation of the transaction, and from the tax and fiscal area for aspects of economic evaluation even in a forward-looking sense.

The acquiring party was assisted by the international firm Hogan Lovells.