RELOCATION TO ITALY: Tax, immigration and social security regimes
27/04/2026
The pan-European private equity group Argos Funds, acting on behalf of the “Climate Action” fund, the first European “grey to green” buyout fund, signed an agreement to acquire a majority stake in Relevi from ProA Capital which will remain a minority shareholder alongside Swen Responsible Investments in Sustainable Equity, BNP Paribas BNL Equity Investments, Anima Alternative SGR, and BBPM Invest SGR.
Relevi is a European leader in the private-label production of home care products, including gel air fresheners, bath care products, scented candles, and pet care items. The company operates across its primary markets in Europe, including Italy, Spain, France, Germany, and the United Kingdom.
Giovannelli e Associati assisted Argos Fund with a team comprising of Alessandro Giovannelli, Matteo Bruni, and Ilaria Meda for corporate and contractual aspects and Michele Mocarelli and Benedetta Paccoia for the financing aspects.
Please use the following link for the press review:
