Morri Rossetti with FIMIGroup in the acquisition of Franci

The Firm assisted FIMIGroup, an Italian leading industrial player, in the definition of a lease agreement for the company owned by Franci and, afterwards, in the sale procedure of the same company instituted by Liquidazione Giudiziale Costruzione Stampi (formerly Franci), specialised in the manufacture of moulds for the automotive sector.

The transaction - concluded with the acquisition of the company by FIMIGroup, the safeguarding of sixty employees and the maintenance of more than 10,000 m² production site - will allow the Group to increase its range of products and services in the fields of mechanical construction, special machining and automotive mould making, providing it with a strategic asset in the context of its industrial development path. 

FIMIGroup is a major player in the global steel industry and specialises in the design, construction and commissioning of high-tech plants and machines for coil processing. The Group has nine locations between Italy, China, India, Switzerland and Germany.

Franci (in compulsory liquidation, since 2023 Costruzione Stampi) specialises in the field of mould design and construction for the automotive sector and has in the past manufactured products for some of Europe's leading car manufacturers (Audi, BMW, Volvo, Volkswagen, Fiat, Opel), boasting orders of several tens of millions of euros. 

The Firm assisted FIMIGroup with a multidisciplinary team led by the Partners Massimiliano Poppi, for insolvency aspects, and Roberta Incorvaia, for contractual aspects, together with the Senior Associate Laura Uccheddu and Associate Massimiliano Sabini.