Pinsent Masons helps Italian company secure majority stake in Vanity Group

Under the deal, La Bottega picks up a 70% share with an option to acquire the remainder in the near future

Pinsent Masons helps Italian company secure majority stake in Vanity Group

Pinsent Masons has assisted Italian hotel essentials producer La Bottega on its acquisition of a 70% stake in Vanity Group.

Under the deal terms, La Bottega has an option to pick up the remaining 30% interest within the next two years. According to the firm, the deal is a major step in the growth trend of both La Bottega and Vanity Group.

“We are very pleased to have assisted La Bottega on this strategic acquisition into the Australian market as an expansion of its reach in the luxury hotel accessories market. We continue to see significant interest in investing into Australia from Europe and this is a great example of this”, Pinsent Masons lead partner Ewan Robertson said.

Robertson worked together with associates Sara Scudieri and Felix Kafka. The Pinsent Masons team collaborated with Italian law firm Gatti Pavesi Bianchi Ludovici, which was represented by Dario Prestamburgo and junior associate Alex Savoia.

 

Recent articles & video

Thomson Geer partner on the biggest impact of the Bruce Lehrmann defamation ruling

Federal Court rules in ASIC's favour against Cigno Australia, BSF Solutions

Senior appointments strengthen CBP offerings

Legal orgs team up to aid community legal centres

HSF environment, planning and communities group partners with CEIG on report

New metric developed to assess socioeconomic challenges of US law school applicants

Most Read Articles

NSW Supreme Court sets trial date for landmark strip search class action

K&L Gates Advises Centuria on acquisition of massive glasshouse in Victoria

Hall & Wilcox assists Tobii Dynavox to acquire Link Assistive for $13m

Pearce IP's AU litigation head shares the most important lesson she learned from her old job