Milan, November 29, 2022 – Global law firm Dentons assisted Czechoslovak Group (CSG), an industrial group active globally in various strategic business segments including defense and aerospace, in the acquisition of a 70% stake in Fiocchi Munizioni, a global leader in small caliber ammunition for hunting, defense and sport. Dentons also advised on the financing of the acquisition.
In the context of the transaction, the Fiocchi family and Charme Capital Partners will retain a minority stake in the company to pursue the continued growth path envisaged for Fiocchi Munizioni over the coming years.
Founded in 1876 in Lecco, Italy, Fiocchi Munizioni is one of the very few global players with three fully vertically integrated industrial and commercial platforms in Italy, in the US and the UK.
Dentons acted with a multijurisdictional and multidisciplinary team, which advised CSG on all the legal aspects of the transaction.
In Italy, partner Alessandro Dubini, managing counsel Filippo Frabasile, counsel Marilina Di Lauro, associate Marco Martinelli and trainee Sergio Del Balzo, coordinated the overall transaction and provided corporate law advice. Partner Michele Carpagnano and associate Giulia Giordano handled the antitrust and Golden Power issues, while partner Luca De Menech, associate Marco Viola and trainee Celeste Campisi advised on employment law. Partner Alessandro Fosco Fagotto, managing counsel Franco Gialloreti, and associate Jacopo Bennardi handled the banking and finance issues. Partners Giangiacomo Olivi and Federico Fusco, senior associate Fabia Cairoli, associate Camilla Rosi and trainees Carlo Scotto di Clemente and Marco Propato dealt with the IP, TMT and technology aspects of the transaction. Partner Federico Vanetti and associate Carla Piccitto also acted for the environmental law aspects.
Partners Richard Fagerer (Munich) and Jason M. Silverman (Washington, DC) advised on US law (corporate law and CFIUS respectively), while partner Christopher Colclough (Milton Keynes), partner Christopher Graf and counsel Rebecca Owen-Howes (both London) advised on English law aspects (corporate law and antitrust respectively). Partner Daniel Hurych and associate Eva Klímová (both Prague) advised on Czech banking and finance aspects.