Allen & Overy advises Ibla Capital on the acquisition of Seko Industries
27 April 2022
Allen & Overy has advised Ibla Industries II SCSP, turnaround fund of the Italian private equity Ibla Capital S.r.l., on the acquisition of the entire share capital of General Pacific S.r.l., holding company of Seko Industries S.r.l., a world specialist in the manufacture of machines and systems for livestock feeding and waste management.
Ibla Capital is an independent investment company focused on small and medium-sized Italian businesses with a turnover of between EUR10 million and 50 million and operating in numerous sectors and, in particular, in the areas of mechanics, components, packaging, food and beverage, chemicals, pharmaceuticals, medical devices and cosmetics.
Active since 1973 in the agricultural mechanisation sector, Seko Industries produces and exports chopping-mixing wagons for livestock feeding at a global level, with horizontal and vertical augers and machines and technologies for recycling and composting organic waste.
Allen & Overy’s team was led by counsel Juri Bettinelli supported by associate Arnaldo Mitola and trainee Aldo Brombin Tuzzato for banking aspects, and senior associate Antonio Ferri for corporate/M&A with the support of associate Davide Biasotti.