Global law firm Freshfields advised Euro Management Services (E.M.S.) S.p.A., EGLA’s main shareholder, on the establishment of a strategic alliance with FountainVest, through the newly incorporated investment vehicle Ferrum Investment Ltd, to accelerate EGLA’s global growth in a rapidly evolving market.

EMS has entered into a long-term partnership with FountainVest through the simultaneous signing of a sale and purchase agreement for the transfer of its stake in the share capital of EGLA and a co-investment agreement in a new holding.

Tikehau Capital, the second largest shareholder of EGLA, also expressed its support for the deal and entered into a share purchase agreement for the transfer of its entire stake in EGLA.

At Closing, EMS and FountainVest will hold, through the new holding, 55.3% of the voting share capital in EGLA .  Following the Closing, a mandatory tender offer will be launched on the Company’s shares at a price of Euro 3.85 per share with the aim of achieving the delisting of EGLA from Euronext Milan.

The Freshfields team was led by Giancarlo D’Ambrosio (Corporate/M&A, Milan) and consisted of:

Partners: Nicola Asti (Capital Markets aspects, Milan), Francesco Lombardo (Finance aspects, Milan), Gian Luca Zampa (Antitrust and FDI aspects, Rome), Luca Capone (Labour, Milan). Counsel: Valentina Armaroli (Finance, Milan); Toni Marciante (Tax, Milan). Senior associates: Valentina Gagliani (Corporate/M&A, Milan); Vittoria Deregibus (Capital Markets, Milan); Mara Ruberto (Labour, Milan). Associates: Lorena Coviello (Corporate/M&A, Milan); Samuel Scandola and Irene Indino (both ACT, Rome).