Shearman & Sterling represented Olmi S.p.A. (Olmi) and its shareholders in its acquisition by Alfa Laval Corporate AB (Alfa Laval). Olmi is an Italian joint stock company engaged in the design and manufacture of shell and tube heat exchangers and separators, process gas coolers, air-cooled heat exchangers, and steam condensers for the chemical and petrochemical, power and heat recovery industries. Olmi has been a family-owned business since 1933 with offices and manufacturing unit located in Suisio near Bergamo in northern Italy. Alfa Laval is a Swedish company, listed on the Nordic Exchange, Nordic Large Cap, engaged in heat transfer, centrifugal separation and fluid handling business.

Shearman & Sterling has been advising Olmi and its shareholders in this transaction with a team including partner Tobia Croff (Milan-Capital Markets/Mergers & Acquisitions), associates Andrea De Pieri (Milan-Capital Markets/Mergers & Acquisitions) and Maria Antonietta Romeo (Rome-Capital Markets/Mergers & Acquisitions) and trainee Gaetano Petroni (Milan-Capital Markets/Mergers & Acquisitions).