Lavazza Group and IVS Partecipazioni (majority shareholder of IVS Group, a Luxembourg-based company leading the IVS Group, whose shares are listed on Euronext Milan in Italy, STAR segment) are promoting a voluntary takeover bid on IVS Group shares for the company’s delisting.

The consideration for the Offer amounts to Euro 7.15 for each share tendered in acceptance of the Offer.

With this operation, IVS Partecipazioni and Lavazza Group aim to create the conditions for IVS Group, a testament to Italian excellence in the food & beverage sector, to continue its business development.

The operation represents further investment by Lavazza Group in the vending channel, in line with the omnichannel strategy.

Completion of the Transaction is subject to obtaining the necessary regulatory approvals.

The Firm has assisted Lavazza Group with a team led by partner Marcello Magro, with salary partner Marta Sassella and junior partner Fabrizio Grasso, together with senior associate Federico Tallia and associates Federico Gatti and Beatrice Vasario.

The antitrust aspects of the operation were handled by the team led by partner Davide Cacchioli with salary partner Alessandro Bardanzellu.

Regulatory aspects were followed by partner Giulio Sandrelli and tax aspects related to the structure of the operation by partner Andrea de’ Mozzi.”