ROVEMA GmbH signed an agreement to acquire Hassia Packaging Private Limited from I.M.A. Industria Macchine Automatiche S.p.A. (BIT:IMA) for €3.1 million on July 16, 2020. The transaction is subjected to certain conditions precedent. The transaction is expected to close by the end of July 2020. White & Case LLP acted as legal advisor to I.M.A. Industria Macchine Automatiche. Kartick Maheshwari, Deepak Jodhani and Vinita Krishnan of Khaitan & Co. acted as legal advisor to I.M.A. Industria Macchine Automatiche. PSA Legal and Jan Hermes, Andreas Merkner and Christian Karbaum of Glade Michel Wirtz acted as legal advisor to ROVEMA GmbH.