Studio Baldi & Partners assisted the shareholders of BiDue S.r.l. in the sale of their shares, representing the entire share capital, to Eusider S.p.A., a transaction concluded in the first week of the new year.
The Bidue S.r.l. company, based in the town of Melara in the province of Rovigo, has been active since 1981 in the design, production and marketing of carbon steel circular section tubes, while Eusider S.p.A. of Milan is an important company in the distribution and services of the iron and steel sector.
The four shareholders in Bidue S.r.l., all belonging to the Borghi family, were assisted by Studio Baldi & Partners, which operated with a team of professionals coordinated by senior partners Francesca Baldi, Carlo Baldi and Guido Prati, with the contribution of colleagues Ilaria Ballabeni and Niccolò Reggi. The aspects linked to labor law were followed by partner Sara Mandelli.
The purchaser was assisted by a team of specialists from Studio BonelliErede for antitrust, tax and labor law profiles, also with the collaboration of the Transaction Services team of beLab S.p.A.
This operation brings to a positive conclusion an evolution of the Italian metallurgical chain that sees an excellent positioning of the quality of its products on the world market. In fact, the current export quota of Bidue S.r.l. is 80% and it is hoped that, with this operation, it will increase further.