Camerani & Cornacchia Group S.r.l., a brokerage company specialized in insurance solutions for agricultural risks, has joined Ardonagh Group.
This transaction marks a key strategic step that enhances Ardonagh Group’s service offering in Italy, in a crucial and rapidly evolving sector such as the management of risks arising from natural disasters related to agriculture, enabling effective fulfillment of clients’ insurance needs and requirements.
Our firm advised Ardonagh Italia S.p.A. with a team led by partner Nicolò Juvara.
A consortium led by the Coima ESG City Impact Fund, part of the real estate development company Coima SGR, and Eagle Hills, a company based in Abu Dhabi, has reached an agreement with banks to acquire 100% of the historical debt of the company that owned Hotel Des Bains, amounting to €54 million, which will be converted into equity shares. This agreement will enable a total investment of approximately €200 million for the complete restoration and modernisation of the hotel on the Venice Lido, with a projected completion timeline of about 3 years.
Our firm advised Coima with a team led by partner Ugo Molinari, including partner Beatrice Neri, senior associate Michela Maresca and associate Gianluca Diena, as well as partner Lorenzo Caruccio and senior associate Fausto Indelicato for administrative law matters.
J.C. Flowers & Co., a private investment firm specializing in the financial services sector, has acquired 100% of the two insurance companies through which the German group Wefox operates in Italy.
The transaction, which follows the acquisition of a controlling stake in the brokerage company Consulbrokers last autumn, is part of the fund's European growth plan in the insurance sector.
Our firm advised J.C. Flowers with a multidisciplinary team coordinated by partner Ugo Molinari and composed of partner Ciro Di Palma, managing counsel Francesca Battistutta and associates Giulia Mescolini and Beatrice Mattioni, for M&A aspects; partner Nicolò Juvara, associate Sara Nicole Cancedda and Elisa Berna, for regulatory aspects; as well as partner Lorenzo Caruccio for administrative law aspects.