IVS Group S.A. has completed the acquisition of a participation representing 50% of Time Vending S.r.l. owned by Chef Express S.p.A. (a company belonging to the Cremonini Group), of which IVS Group S.A. already owned indirectly 50% – through its fully owned subsidiary IVS Italia S.p.A. – and so reaching full control of 100%. Chef Express reinvested the sale proceeds by acquiring n. 1,309,397 IVS Group treasury shares (equal to around 1.4% of IVS Group share capital).

IVS Group S.A. was assisted for the legal aspects of the transaction by TALEA – Tax Legal Advisory with a team composed by the partner Gabriele Consiglio (pictured left) and the salary partner Fabrizio Lanzoni (pictured right).

The complete article is available here: https://legalcommunity.it/ivs-group-sale-al-100-di-time-vending-talea-advisor/