The negotiated settlement procedure initiated in February 2025 by Officine Metallurgiche G. Cornaglia S.p.A., the operating holding company of one of Italy's leading groups in the automotive industry, has been successfully concluded with the execution of agreements pursuant to Art. 23, paragraph 1, letter c) of the Code of Business Crisis and Insolvency, aimed at restructuring the group's financial indebtedness.
Our firm advised the group of financial creditors, composed primarily of domestic banks and Simest S.p.A., with partner Alessandro Fontana, senior associate Livia De Rosa and associate Alessandro Baffoni.
OneItalia Alliance, a leading group active in insurance intermediation and brokerage controlled by J.C. Flowers & Co., has acquired - through a wholly-owned vehicle - Strategica Insurance Management S.r.l., Strategica Risk Consulting S.r.l., Strategica Services S.r.l., as well as a minority stake in Assicurare S.r.l.
The transaction is part of the broader growth strategy launched by OneItalia Alliance with the support of J.C. Flowers & Co., a private investment firm specializing in the financial services sector.
Our firm advised OneItalia Alliance with a team comprising partners Ugo Molinari and Ciro Di Palma, managing counsel Francesca Battistutta, and associate Beatrice Mattioni, as well as partner Nicolo' Juvara and senior associate Sara Nicole Cancedda for insurance and regulatory matters.
Kryalos SGR S.p.A. — acting as manager of the closed-end alternative real estate investment fund "Virtus" — has sold property of over 6,000 sqm located at Via Flavio Gioia 8, Milan, in the CityLife district.
The asset, previously leased to the Lactalis group, was acquired by Carlo Maresca Real Estate S.r.l., real estate sub-holding of Gruppo Carlo Maresca, with a view to repositioning the building from office to hospitality use.
Our firm advised Kryalos with partners Alessandro de Botton and Marco Laviano, and senior associate Francesco Manghisi.
.jpg)
