Announced
Completed
Synopsis
Lanzi Group, an Italian company specializing in occupational safety, personal protective equipment, completed the acquisition of Gardening, an Italian company that specializes in the import and marketing of disposable gloves and other personal protective equipment, from BF & Company, an independent corporate finance advisory firm, and Giglio Verde, a holding company for various industries. Financial terms were not disclosed. “We are very pleased to have successfully concluded our adventure in Gardening in partnership with the Clerici brothers. This industrial transaction has led to the creation of an important Italian player, with a broad product portfolio, purchasing capabilities from the Far East, manufacturing expertise in PPE vending systems, direct distribution presence abroad as well as in Italy, and a direct sales force integrated by a network of agents for the medical sector,” Alessandro Bartolini, BF & Company Managing Partner.
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