Global law firm Freshfields assisted Iveco Group in the agreement to sell Iveco Defence to Leonardo for Euro 1.7bn.

The transaction is part of a broader industrial strategy of Iveco Group and represents a significant step in consolidating Leonardo's land-based business, strengthening its leadership in the European defense sector. 

Freshfields’ pan-European team was coordinated by our Italian offices led by partner Nicola Asti and senior associate Giulio Politi, supported by senior associate Vittoria Deregibus, associate Domitilla D’Ambra togheter with associate Ludovico Bruno and trainee Matteo Piccione. Partner Ermelinda Spinelli and associates Michael Tagliavini and Niccolò Antoniazzi coordinated the antitrust and foreign subsidies regulations aspects.

The team further included colleagues from the following jurisdictions:

Netherlands: partner Dirk-Jan Smit, counsel Bert Spijkervet together with principal associate Mark Maarschalkerweerd and senior associate Max Immerzeel as well as associates Sander Verspiek and Fabienne Tichelman.

Germany: partners Maximilian Lasson, Juliane Hilf and Ulrich Sittard together with counsel Simon Stepper, principal associate Nicolas Sölter and associates Giulia Zöller and Tobias Kalb.

Spain: partner David Franco, counsel Ignacio Borrego together with associates Íñigo Rios and Pilar Aguilar as well as trainee Javier Martinez-Sapina.

UK: counsel Sarah Jensen, senior associate Colleen Baehrend as well as associate Rheya Shah.