News 30.01.2024

PedersoliGattai advised Biesse in the completion of the acquisition of GMM Finance

Biesse Group, multinational in wood, glass, stone, plastic and metal processing technology, listed on the Euronext STAR Milan segment of the Italian Stock Exchange, completed the acquisition of 100% shares of GMM Finance, holding company heading GMM Group, active in the fields of machine tools for processing stone, glass and other materials. GMM Group is present in 90 countries, operates six production plants in Italy and one in Thailand and employs over 450 people, with over EUR 124 million revenues.

PedersoliGattai advised Biesse with a cross-practice team coordinated by partner Ascanio Cibrario comprising senior associate Edoardo Augusto Bononi and associates Giorgia Patrizi and Raffaele Mittaridonna, in relation to corporate M&A aspects, as well as senior associate Carlo Talarico, in relation to labour law aspects.

The PedersoliGattai team was coordinated and led by Elena Grassetti, Group Chief Legal and Corporate Affair Officer of Biesse, who also led the legal in-house team with support from Sara Zaffini.

Latest Updates