Manitou BF SA (ENXTPA:MTU) announced an agreement to acquire 75% stake in Come Srl and Metal Work s.r.l. from current partners and directors of the two companies on November 8, 2023. The acquisition of the majority stake will take effect at the beginning of 2024. David Singer, Gianluca Russo and team of Cleary Gottlieb Steen & Hamilton LLP acted as legal advisor, Riccardo Romanini and Salvatore Crudo of Baker Tilly Revisa S.p.A acted as tax due diligence provider, Piergiovanni Mandruzzato and Pietro Bufi of Studio Legale Ichino-Brugnatelli e Associati acted as legal advisor, Gianluca Atzori of Studio legale Gianluca Atzori acted as legal advisor, Simone Giarratana and team of Nash Advisory S.R.L. acted as financial advisor, Antonio Aiuto and team of Italaudit SpA acted as financial due diligence provider to Manitou in this transaction.

Giacomo Pescatore and team of Bovesi Cartwright Pescatore acted as legal advisor, Gianandrea Facchini and team of Studio Tributario Associato Facchini Rossi Michelutti acted as accountant and financial advisor to the sellers in this transaction. Cleary Gottlieb Steen & Hamilton LLP is representing the Manitou Group in the acquisition.