Lawyer Monthly Magazine - July 2019 Edition

109 Transactions www. lawyer-monthly .com JUL 2019 This announcement appears as a matter of record only TriMas Acquires Taplast SpA From Alkemia SGR Legal adviser of the Sellers: Alkemia SGR and Mr. Paolo Santagiuliana sold 100% shares of To TriMas Acquires Taplast SpA TriMas (NASDAQ: TRS) announced that it has acquired Taplast S.p.A., a privately-owned designer and manufacturer of dispensers, closures and containers for the beauty and personal care, household and food packaging end markets, serving customers predominantly in Europe and the Americas. Taplast seeks to provide solutions to its customers by leveraging its deep commitment to engineering and innovation, and through its manufacturing facilities in Italy and Slovakia. Picozzi & Morigi Law Firm assisted: Alkemia Capital Partners Società di Gestione del Risparmio S.p.A., Interfidam S.r.l., and Mr. Paolo Santagiuliana with the sale of 100% shares of Taplast S.p.a. to Rieke Packaging Holdings Italy S.r.l. a company controlled by Trimas Corporation. The deal was carried out by Mr. Alessandro Picozzi, Partner, and Vincenzo R. Palmisano, Senior Associate of the firm. Financial adviser for the Sellers was Alantra, with a team composed by Lorenzo Astolfi, Vincenzo Scotto di Frega and Filippo Bartolucci. The Buyer was assisted by Bird & Bird Milan, with a team coordinated by Stefano Silvestri and composed by Linda Pietrostefani, Carlotta Tedeschi, Davide Biasotti and Beatrice Venturelli. Pwc Deals and Pwc Tls took care of the financial and fiscal due diligence with Giuseppe Rana, Alessandro Di Stefano, Alessandro Campione, Daniela Mentesana, Luigi Mascellaro e Joseph Gehring. This announcement appears as a matter of record only HDI Sigorta Acquires Ergo Sigorta has acted as legal adviser to: HDI Sigorta Acquires Ergo Sigorta Talanx is expanding its activities in Turkey by acquiring the property/ casualty insurer ERGO Sigorta A.Ş. In conformity with its strategy in the Retail International division, Talanx is again strengthening its presence in one of its five core markets (Poland, Turkey, Brazil, Mexico and Chile) and thereby moving closer to its goal of ranking among the top 5 insurers in Turkey. As a result of the acquisition the premium volume generated by the division in Turkey will increase by EUR 139 million to more than EUR 400 million and the market share will rise to more than 5 percent. The transaction is expected to deliver a positive profit contribution by the second year at the latest and hence also has favourable implications for the earnings per share. The parties have agreed not to disclose the purchase price. The transaction is still subject to approval by the relevant supervisory authorities, which is anticipated for the third quarter of 2019. Paksoy, a leading full-service law firm in Istanbul, Turkey, focused on helping clients in a wide range of legal areas including cross-border investments, international business transactions, acquisitions and finance transactions, acted as legal counsel to the seller ERGO. Sera Somay (partner) led the transaction together with Nazlı Bezirci (counsel) and Can Yasin Aksoy (associate). Paksoy’s tax team, Şansal Cumhur Erbacıoğlu (counsel, tax specialist) and Eray Ergun (tax specialist) also advised on tax aspects.