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Latham Advises BC Partners on Sale of Forno D’Asolo Group to Investindustrial

February 5, 2024
Milan team advises the sellers in the transaction.

Latham & Watkins has advised BC Partners on the sale of Forno D’Asolo Group — a leading Italian manufacturer and distributor of high quality frozen pastry and dessert products — to Investindustrial and the Bagnoli family, who founded Sammontana, the first Italian gelato company.

The combination of Sammontana, owned by the Bagnoli family, with FdA Group (Forno D’Asolo) results in an international group and leader in the frozen pastry sector, with almost €1 billion in revenues and over 2,500 employees.

The Latham team was led by Stefano Sciolla with Andrea Stincardini, Federica Ventura, Alessandro Castrogiovanni, and Milena Raffaldi. Advice was also provided on finance matters by Marcello Bragliani with Giorgio Ignazzi and Davide Camasi; on regulatory matters by Cesare Milani with Irene Terenghi; and on antitrust profiles by Luca Crocco with Giuseppe Liotine and Lorenzo Sacco.