BACCIARDI and PARTNERS advised Messrs. De Angelis and Ms. Galli in the sale, in favor of SISTEMA ITALIA 93 SRL, of a majority stake they used to hold in the capital of FORAMA SRL.
FORAMA SRL, with registered office in Pesaro, has operated its business for years within the franchising network MAIL BOXES ETC., running twenty affiliated stores mainly located in the central part of Italy. SISTEMA ITALIA 93 SRL is the master franchisor of the worldwide franchising network MAIL BOXES ETC.

The legal assistance was provided by Lorenzo Bacciardi, LL.M. and Pier Federico Orciari, who advised the sellers on: (i) the contractual and corporate issues arising from the acquisition, (ii) the negotiation and finalization of the shareholders’ agreements as well as (iii) the implementation of the variable remuneration system in favor of the minority shareholders, Messrs. De Angelis and Ms. Galli, who will continue being involved in the management of FORAMA SRL.

The Cross-Border Corporate Transactions and Merger & Acquisition Department provides assistance and advice for the establishment and organization of representative offices, branch offices, subsidiaries, or joint ventures in Italy or abroad, as well as for the origination and execution of corporate finance and M&A transactions.

BACCIARDI and PARTNERS operates through its international professional network made up of lawyers, tax advisers and M&A intermediaries, present in more than 155 countries and is able to provide services both in Italy and abroad in the legal, corporate, tax, labor, customs, financial, accounting and administrative fields.