EQUITA assisted Fidia
Futuro all’impresa (Fai) and Negma Group are investing in Fidia S.p.A. to initiate the arrangement with creditors as a going concern.
The Court of Ivrea approved the arrangement with creditors as a going concern on 24 June 2022.
The plan envisages the maintenance of business continuity for about 250 employees thanks to the injection of new capital of Euro 12 million, of which Euro 8 million will be allocated to repayment of creditors and Euro 4 million to the development of the industrial recovery plan.
Fidia was assisted by Equita K Finance (Clairfield Italy), part of Equita Group, as financial advisor for the M&A aspects, by the law firm Gianni & Origoni for the legal aspects, by PvG Consulting for the financial aspects.
FAI and Negma were assisted by Doria Associati, DWF and Gianni & Origoni for the legal aspects.