Allen & Overy advises HÄRTHA Group on the acquisition of Vacuum
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"The acquisition of Vacuum enables us to continue to create substantial value in our attractive industry," commented Sven Killmer, CEO of the HÄRTHA Group. "The integration into the HÄRTHA Group is in line with our strategic goals.”
Vacuum is an innovative company that has been operating as a specialist in heat treatment for more than 40 years. Founded in 1975 in Trezzano sul Naviglio, Vacuum is one of the first Italian companies to introduce vacuum technology for heat treatment. The company supplies customers in the aerospace, mechanical and plant engineering, renewable energies, and biomedical sectors.
Antonio Ferri, counsel at Allen & Overy, commented: “We are delighted to have assisted HÄRTHA Group GmbH in this strategic acquisition, which strengthens its position as a leading player in the heat treatment and coating sector in Europe. It is key for us to support our clients in complex cross-border deals, leveraging on our international network and our multidisciplinary expertise."
The Allen & Overy team advising HÄRTHA Group GmbH was led by counsel Antonio Ferri, supported by associate Marta Avara and trainee Ludovica Boiocchi for corporate profiles. A wider A&O team has advised on the transaction and comprised senior associate Margherita Banfi on IP-related matters, senior associate Roberta Errico on administrative law aspects, counsel Giorgia Giorgetti and trainee Chiara Magliulo on employment profiles and senior associate Veronica Rossetti on compliance-related matters.