On February 3, 2014, Dover Italy Holdings S.r.l. (“Dover Italy”), an Italian entity controlled by Dover Corporation (NYSE: DOV) (“Dover”), entered into a sale and purchase agreement with MS S.r.l., its controlling quotaholder FIM S.r.l. and an individual guarantor, for the acquisition by Dover Italy of the entire share capital of MS Printing Solutions S.r.l., a company specializing in digital inkjet printers and associated consumables serving the textile and specialty material markets.
Dover is a diversified global manufacturer with annual revenues of over $8 billion. Dover focuses on innovative equipment and components, specialty systems and support services through its four major operating segments: Communication Technologies, Energy, Engineered Systems and Printing & Identification. Headquartered in Downers Grove, Illinois, Dover employs 35,000 people worldwide.
The Shearman & Sterling team advising Dover Group includes partner Fabio Fauceglia (Milan-Mergers & Acquisitions), counsel Tommaso Tosi (Milan-Mergers & Acquisitions) and Andrea De Pieri (Milan- Mergers & Acquisitions), associates Giovanni Battista Bruno (Rome-Financial Restructuring & Insolvency), Sergio Mori (Milan-Mergers & Acquisitions) and legal trainee Carmelo Contente (Rome-Mergers & Acquisitions).