This is a transaction worth 75 million euros, and marks the fund’s entry into the green energy production infrastructure sector in Italy.
PATRIZIA Infrastructure acquired the stake from Italian gas entrepreneur Walter Lagorio and Ankorgaz. Biomet’s CEO and founder Antonio Barani remains a minority shareholder with a 20 per cent stake.
For the financial and legal transactions, PATRIZIA Infrastructure was assisted by EY, GOP and Willis Towers Watson, while Walter Lagorio and Ankorgaz were assisted by BNP Paribas and White & Case for the M&A part. Luigi Belluzzo and Alessandro Saini, Partners in Belluzzo International Partners, together with Senior Consultant Ivan Mastrototaro handled the tax aspects of the transaction for Ankorgaz.
Read the Press Release