Milan, November 2, 2021 – De Berti Jacchia, with a team led by Marco Frazzica, Partner, and Giuseppina Zoccali, Senior Associate, advised the Swedish Indutrade Group in the acquisition of the entire capital of the Italian company Italprotec Industries Srl.
Studio Corno with a team led by Partners Prof. Fabio Corno and Giorgio Corno together with associates Stefano Pittau and Simona Anzani assisted the selling shareholders, covering legal and financial profiles of the deal, as well as the related tax and employment issues.
Listed on Nasdaq Stockholm in Sweden, Indutrade is an international technology and industrial business group that today consists of more than 200 companies in some 30 countries, mainly in Europe. In a decentralised way, the Group provides sustainable profitable growth by developing and acquiring successful companies managed by passionate entrepreneurs. Its companies develop, manufacture, and sell components, systems, and services with significant technical content in selected niches. The acquisition is Indutrade’s 13th in 2021 and the first one in Italy.
Located in Cavenago Brianza (Milan), Italprotec Industries is a manufacturer and technical trader of engineered industrial products for handling of critical fluids. Its offering includes hoses, connectors, single-use assemblies, valves, fittings, and heat exchangers. The products ensure purity, corrosion resistance, and protection in sterile environments. Customers are mainly found on the Italian market within industries such as pharma, biopharma, chemical, and food.