Studio Bandera with Fait Plast SpA in the acquisition by Orca Developpement.
“Studio Bandera Legale Societario Tributario” assisted Fait Plast SpA, a Brescia-based company and international leader in the production of thermoplastic films, in the M&A transaction finalised by Orca Development, 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 global markets thanks to its technical expertise and expanding commercial network.
Studio Bandera’s multidisciplinary team involved in the transaction includes professionals from the legal area for aspects related to the transaction organisation and negotiation, and from the tax and fiscal area for aspects of economic evaluation also in a prospective sense.
The acquiring party was assisted by the international firm Hogan Lovells.