Morri Rossetti with 'Jindal Films' in the acquisition of DOMO Films Solutions

Morri Rossetti has supported Jindal Films, an international supplier of innovative and sustainable films for the flexible packaging industry, in the acquisition of 100% of the shares of DOMO Films Solutions S.p.A., one of the largest European producers of nylon films for flexible packaging in the food, pharmaceutical, medical and other industrial sectors.

The operation took place through the signing of an agreement between JPF Netherlands BV, the holding company of Jindal Films Europe, assisted - for the legal aspects - by a multidisciplinary team of DLA Piper, coordinated by partner Mr. Danilo Surdi, and DOMO Chemicals, assisted by Panzarini e Soci and E&Y.

Morri Rossetti's tax team, led by name partner Mr. Davide Attilio Rossetti, advised the company on the tax aspects of the acquisition, while the accounting and financial due diligence activities were carried out by Grant Thornton, under the guidance of partner Mr. Paolo Azzalin.

The closing of the operation will take place privately, as it is subject to a number of regulatory approvals.