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CBA advises Ardian on tax issues related to Carlyle’s purchase of Irca

CBA’s team headed by Diego De Francesco advised Ardian on the tax aspects of the sale to The Carlyle Group of the Italian company Irca – one of the leading European producers of ingredients and semi-finished products for pastry, bakery and ice creams.

The US fund will take over a 100% stake in Irca, by means of acquisition of 80% from Ardian and a further 20% from the founding family, who will continue to manage the target. The transaction closing is expected to take place by the third quarter of 2017.

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CBA advises Ardian1.34 MB