RSM Studio Palea Lauri Gerla assisted the Foundation Cassa di Risparmio di Lucca as legal advisor in the acquisition of a minority stake in the share capital of Bonifiche Ferraresi S.p.A. Società Agricola - part of BF Group which is led by BF S.p.A., listed on the Milan Stock Exchange
The operation involved the sale of 2.5% of the capital of Bonifiche Ferraresi for a consideration of 10 million euros.
The Foundation Cassa di Risparmio di Lucca Foundation is a non-profit banking institution that exclusively pursues purposes of social utility and promotes the economic development of the area within its competence. The total amount of the Foundation’s financial investments at the end of 2020 is equal to € 1,216.6 million and - in the amount of 37% - is represented by shareholdings.
Bonifiche Ferraresi is an Italian agricultural holding that cultivates and trades agricultural products. The Company currently has a heritage of approximately 7,750 hectares, which makes it the first landowner in Italy.
RSM Studio Palea Lauri Gerla assisted the Foundation with a team led by our partner Marco Carlizzi and assisted by the senior lawyer Emidio Tedeschini.
A collaboration which consolidates a proven relationship of trust that began some time ago, with the firm involved in several operations.
BonelliErede assisted BF with a team led by partner Carlo Montagna and promotes the company in the much broader project of consolidation and strengthening of the BF Group’s business.