iCON Infrastructure Partners IV Acquires Majority Stake in Eco Eridania S.p.A.


June.12.2018

An Orrick cross-practice Italian team has assisted iCON Infrastructure Partners IV, L.P., a new fund launched by iCON Infrastructure (an independent investment group with over €2.5 billion in assets under management), in the acquisition of a majority interest in Eco Eridania, an Italian integrated waste collection, transportation, treatment and disposal business leader in the sanitary waste sector, from Xenon Private Equity V L.P. and from CEO Andrea Giustini’s family holding company Roccaforte S.r.l.

In particular, we were involved in due diligence pertaining to the relevant assets of the acquisition, in the negotiation and preparation of contractual documents, including the SPA agreement regulating the terms and conditions relevant to the acquisition, the shareholders’ agreement with Roccaforte S.r.l and the agreements with the CEO Andrea Giustini, in addition to the financial documents.

Orrick's team was led by Carlo Montella, with Cristina Martorana, Mario Scofferi, Andrea Gentili, Marcello Montresor, Laura Galbiati, Riccardo Caselle, Alberto Tedeschi, Ignazio D’Andria and Cristina Del Papa.