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WFW advises Castaldi on its sale to Penta Group16 July 2020

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Watson Farley & Williams (“WFW”) has advised Castaldi Lighting Ltd. (“Castaldi”) on the sale of 100% of its capital to Penta Group.

The deal paves the way for Penta Group’s expansion across multiple complex lighting projects and as a result of this transaction, it expects to double Castaldi’s sales over the next three years.

Castaldi is an historic Italian firm specialised in high-end indoor and outdoor technical lighting. Penta Group is an increasingly specialised reality, offering complete proposals in the world of lighting, with the clear aim of acting as a partner of reference in complex projects.

The WFW Italy team advising Castaldi was led by Partner Carlo Cosmelli, assisted by Associate Roberta Sturiale.

Penta Group was advised by Dentons.

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