Clifford Chance has advised Nice S.p.A. on the acquisition of 100% of shares of Polish company Fibaro Group S.A.. Kancelaria Kurek, Wojcik i Partnerzy and Hauszyld i Partnerzy Adwokaci advised the Fibaro Group on the sale.
The transaction value is EUR 63 million and includes the entire share capital of Fibaro Group S.A., including its US subsidiary.
Nice, the Italian international reference firm in Home Automation and Home Security, is listed on the STAR Segment of Borsa Italiana.
Founded in 2010 with headquarters in Poznan, Poland, Fibaro offers a wireless, modular ecosystem for a connected, controlled, and customized home suited to the user’s specific needs.
The Clifford Chance team was led by Milan-based Partner Alberta Figari and included Warsaw-based Partner Wojciech Polz, and Rome-based Partner Luciano Di Via, Milan-based Senior Associate Francesca Casini, Warsaw-based Associates Karol Kulhawik, Aleksandra Wlaszczuk, and Konrad Rominkiewicz, Rome-based Associate Francesca Zambuco, and Milan-based Trainee Giulio Pezzi Guarnati,
The Hauszyld i Partnerzy team consisted of Partners Wojciech Grondys and Michal Hauszyld and Attorney Magdalena Jankowska.
Kancelaria Kurek, Wojcik i Partnerzy did not reply to our inquires about the deal.