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

Allen & Overy has advised Borealis AG, one of the world’s leading providers of advanced and sustainable polyolefin solutions, innovation leader in polyolefins recycling and a major producer of base chemicals, on the agreement for the acquisition of Rialti S.p.A., an Italian polypropylene compounder and recycler.

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.