Firms involved in BDT & MSD Partners investment in IMA

Chiomenti he was a witness Partners BDT and MSDinvestment bank created to meet the specific needs of entrepreneurs and long-term strategic investors in their investments in I.

BDT & MSD Partners acquires its stake from British Columbia Partnersinternational private equity fund that cooperates with the family Wacky after the delisting that occurred in 2021. The Vacca family will continue to control a majority stake in parent holding company IMA.

Founded in 1961, IMA designs and manufactures complete lines of automatic machines for the processing and packaging of pharmaceuticals, medical devices, cosmetics, tea, coffee and other food products, as well as solutions for electric vehicles. The company is present in more than 80 countries, and its turnover in 2022 was about 2 billion euros.

Chiomenti advised BDT & MSD Partners with a multidisciplinary team led by partners Filippo Modulo and Salvo Arena, and coordinated by Counsel Corrado Borgesan and Managing Partner Maria Vittoria Marchiolo with Associates Maria Laura Zucchini and Filippo Maria Pietrosanti on Corporate Profiles – M&A. The tax aspects related in particular to the structuring of the transaction were supervised by partner Raul-Angelo Papotti, together with counsel Antonino Guida and lawyers Andrea Basi and Margherita Pittori.

International law firm white and case advised IMA and its shareholders with a team led by partners Michael Immordino and Leonardo Graffi (London and Milan), supported by partner Alessandro Seganfreddo (Milan) together with lawyers Caitlin Powell Gimpel (Chicago and Milan), Edoardo Avato, Valerio Bianchi, Daniele Poggani, Roberta Monasterolo and Lucia Onofri (all from the Milan office). The financial aspects were handled by a team that included professionals from the Milan and London offices, as well as partners James Green (London), Evgeny Skirto Ostrovsky (Milan and London) and Bianca Caruso, as well as lawyers John Sanders, Beatriz Bertuzzi and Francesco Balestra. (all from the Milan office). Antitrust aspects were handled by partner Tilman Kuhn (Brussels) and lawyers Tommaso Poli, Elisa Coppo, Cornelius Börner and Roberto Giorgetti (all from the Brussels office). FDI aspects were handled by partner Orion Berg (Paris) and lawyer Niccolò Miglio (Milan). The tax aspects were handled by partner Will Smith (London) and adviser Isaac Tendler (New York).

Poggi and partners acted as a lead financial advisor, supporting the company’s senior management in the development and implementation of the deal. The Poggi & Associati team was led by name partner Luca Poggi, partners Emanuele Gnugnoli and Alessandra Dalmonte, and senior associate Massimo Castiglioni.

Kirkland and Ellis assisted BC Partners with a team that included partners Tom Bartram, David Higgins, Henry Birch, Sally Evans, Matthew Thomson, Shahrzad Sajjadi, Mavnik Nerwal, Matthew Merkle, Kanesh Balasubramaniam and partners Sophie Thomas, Samantha Jones, Rohit Pisal and Nicholas Assione.

Tax law firm Porters Rossi Michelutti FRM advised BC Partners and IMA Group on tax aspects of a transaction with a team consisting of partners Luca Rossi and Marina Ampolilla, senior associate Armando Tardini and associate Lino Ziliotti. The transaction is expected to close by the end of 2023 and is subject to the usual regulatory approvals.