Patelec Cords and Cables has carried out the acquisition of a controlling interest in Phoenix Electronic System, a company which operates in the cable and wiring market. The seller was assisted by Tonucci & Partners professionals: Gianluca Cambareri, Giuseppe Santarelli and Eleonora Ieradi with regard to corporate M&A profiles and Massimiliano Troiani for the tax aspects.
“The synergy between Phoenix and Patelec enhances the skills and potential proficiency of the Italian industry, strengthening its recognition internationally” commented Tonucci & Partners lawyers “This type of transaction undoubtedly represents a positive demonstrating evidence of the economic and market recovery.”