Deloitte Legal assists Vandewiele in acquisition of Savio Macchine Tessili group
Taking on your challenges
12 January 2021
Deloitte Legal assisted Vandewiele, a Belgian international group specialising in the design, manufacture and installation of machinery for the textile industry, in its acquisition of the Savio Macchine Tessili group, a key global player in textiles technology, from Alpha Private Equity.
Vandewiele maintains operations in Belgium, China, Italy, France, Sweden and Germany. Its new acquisition Savio has factories in Italy, China, India, Belgium, Germany and Switzerland.
Deloitte Legal worked through a multidisciplinary and cross-border team, coordinated by Emmanuel Leroux in Belgium, with Giorgio Mariani from Deloitte Legal in Italy. Deloitte Legal also worked in collaboration with Deloitte Legal, Tax and Financial teams from the respective offices in Belgium, Italy, Switzerland and Germany.
Read press coverage on this transaction as published by De Tijd.