Masotti Cassella: Advised in the closing of the acquisition of SAET by Falck Renewables

The transaction involving Falck Renewables S.p.A. has been finalized in these hours.  acquire 60%  of the  shares of SAET S.p.A.,  the  Paduan company leader  in the  design and construction of high voltage electrical systems  and  in the  construction   of  energy storage systems. The  agreed price, amounting to approximately EUR 5.5 million, was  financed entirely from  own resources. The structure of the transaction included the signing of a  shareholders’ agreement and  the possibility of acquiring the remaining 40% of SAET within     four years. To assist  a part of   the  six shareholders of  SAET, the  three  Cigala Fulgosi sisters, who sold their entire stake together with a partial  share  of the  other three  partners, who remained in  the minority, was the law firm  Masotti Cassella, with a team led by partner Mascia Cassella with senior associates Barbara Bertini and Roberta Brussolo  . Salvatore Basile and Giovanni Tagliavini of  the Paduan firm  Cortellazzo & Soatto  assisted the other three partners of SAET.