RIRI SA acquires DMC SRL
Niederer Kraft Frey acted as Swiss counsel to the shareholders of DMC SRL in the context of the sale of their shares to RIRI SA.
DMC SRL is an Italian family-owned company founded in 1976 in Scarperia (Florence) and specialised in metal components for high fashion such as buckles, studs, buttons and hooks for bags and wallets.
RIRI SA, Mendrisio, Switzerland, is a leader in the production of zippers and buttons. For RIRI SA the acquisition represents an increase in the offer in terms of products as well as a fundamental milestone in the strategy of creating a fully integrated business model.
The NKF team was led by Corporate/M&A partner Moritz Maurer, working with senior associate Giulia Ghezzi (Corporate/M&A).
Gianni & Origoni acted as lead counsel, assisting DMC SRL and its shareholders in the transaction. The team was led by partner Stefano Ambrosioni, working with associate Arianna Belli (both Corporate/M&A).