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Giovannelli e Associati is advising Azelis group, leading distributor of specialty chemicals and food ingredients, on the acquisition of the entire corporate capital of Eurotrading, a company specializing in the distribution of specialty chemicals for the personal care market in Italy.
Founded in 1996, Eurotrading has developed into one of the leading distributors of personal care raw materials for personal care sector (skin care, sun care, fragrances and hair care), with a strong product portfolio from the largest global and regional principals.
The transaction is expected to close in the fourth quarter of 2022.
Giovannelli e Associati team was led by partner Nicoletta Carapella and included senior associate Laura Bernardi, associate Claudia Raimondi and trainees Alessandra Gritti and Filippo Noci for corporate aspects, partner Alessandra Feller and associate Ginevra Lombardi for IP and Privacy aspects, partner Riccardo Pontremoli and trainee Carlo Pilia for regulatory matters, and of counsel Giuseppe Matarazzo and trainee Katie Pesenti for labor matters.
Arkios Italy acted as financial advisor, with a team led by partner Deborah Setola and included senior analyst Simone Fortis and analyst Niccolò Falciani.