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WFW advises Tecnoservizi on sale of majority stake in ACEA14 October 2022

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Watson Farley & Williams (“WFW”) has advised Tecnoservizi S.r.l. (“Tecnoservizi”) on the sale of 70% of its share capital to ACEA Ambiente, a wholly owned subsidiary of Acea SpA (“Acea”).

ACEA’s total enterprise value is €21m.

Tecnoservizi is an Italian company that operates in the mechanical treatment and recovery of recyclable urban waste (mixed and mono-material packaging) and non-hazardous special waste. Acea is an multiutility company that manages and develops networks and services in the water, energy and environmental sectors.

The WFW Energy team that advised Tecnnoservizi’s shareholders on the sale was led by WFW Italy Head Eugenio Tranchino and Counsel Luca Sfrecola, assisted by Associate Sonia Basso and Trainee Alice Zago.

ACEA Ambiente was advised by Gattai, Minoli, Partners, led by Carla Mambretti.

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