Gattai, Minoli, Agostinelli & Partners legal advisor to financial creditors in relation to the restructuring plan (piano di risanamento) of Brevi Srl.

Brevi S.r.l., one of the national leading companies in the babycare industry, operating both in Italy and abroad, has reached an agreement with its financial creditors aimed at restructuring the financial indebtedness of the company and at rescheduling its financial exposure in the context of a restructuring plan (piano di risanamento) pursuant to art. 67, comma 3, letter d) of the Italian bankruptcy law, as well as at relaunching the historical Italian family-run company founded by the brothers Brevi in the mid-50s.

The complex debt restructuring deal contemplates, inter alia, the participation of the Spanish private equity fund PHI Industrial, an entity specialized in the acquisition of companies in special situations that, inter alia, identifies and invests in industrial companies having a high potential of development, which has acquired the entire corporate capital of Brevi Milano S.p.A., a newly established investment vehicle transferee of Brevi S.r.l.’s core business and of a portion of such company’s financial indebtedness.

Gattai, Minoli, Agostinelli, Partners, with a team led by the partner Andrea Taurozzi, assisted by the associates Michele VenturaMarcello Legrottaglie and Silvia Romano, has acted as legal advisor of the financial creditors.