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Grandland Group €467 million acquisition of Permasteelisa

21/8/2017
Private acquisition
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€ 467 million

$ 557 million

Announced

21/8/2017

Overview:

  • Grandland Group has acquired Permasteelisa for €467 million from Lixil Group.
  • Permasteelisa is an Italian construction company that has acted on projects including a campus for Apple and the Sydney Opera House.
  • Grandland Group is a Chinese architecture and construction firm.
  • A1 Capital and China International Capital acted as financial advisers to Grandland.

Katrin Kostadinova - Data analyst 

Jurisdiction:

Italy

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Italy

Industry sector:

Construction and materials

Firms:
Chiomenti

Party: Grandland Group (Acquirer)

Lawyers: Carlo Croff, Luca Bonetti, Marco Nicolini

Clifford Chance

Party: Lixil Group (Seller)

Lawyers: Ferdinando Poscio, Paolo Sersale, Umberto Penco Salvi

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