The Italian team of Shearman & Sterling is advising the private equity fund Equinox, on behalf of the investment fund “Equinox III SLP-SIF”, in the acquisition of 60 percent of the Migal group, a leading manufacturing service provider specialized in the design and production of hot forged and mechanical machined brass, copper and aluminum industrial components, serving the water, electric and gas medical industries.
The Mingotti family will reinvest in the group (holding the remaining 40 percent) and Luca and Alessandro Mingotti will remain as CEO and Chairman of Migal.
Closing is expected for the first half of July 2021 and is subject to obtainment of financing.
Shearman & Sterling LLP Firm practices in Italy in association with Studio Legale Associato Shearman & Sterling LLP. Partners in the Rome and Milan offices are partners in Studio Legale Associato Shearman & Sterling LLP.