Allen & Overy has advised Borealis on the agreement to acquire Rialti S.p.A.

Based in the area of Varese, Italy, Rialti is specialised in the production of sustainable polypropylene (PP) compounds with a focus on mechanically recycled PP feedstock from post-industrial and post-consumer waste.

The completion of the transaction is subject to customary regulatory approvals.

The Allen & Overy cross-department team is led by Corporate partner Giovanni Gazzaniga supported by associate Francesco Martello and trainee Ludovica Boiocchi, whereas partner Emilio De Giorgi and associate Arianna Fletcher advise on Antitrust matters.