With the Archdiocese of Bologna for setting up the Faac Trust

Gattai Minoli Agostinelli & Partners assisted the Archdiocese of Bologna in the transaction which led the Curia to hold 100% of the share capital in Faac, a Bolognese company manufacturing automatic doors and gates, and to the subsequent setting up of the Faac Trust, completed last 27 May 2015 at the Firm of Notary Public Marchetti.

The remainder interest over the entire share capital of Faac has been transferred to the three trustees, inclusive of the relevant voting rights; the dividends will remain in favour of the beneficial owner and only beneficiary of the trust, the Archdiocese itself.