Acquisition in the gold sector: Confinvest signs preliminary deal with Dierre

CONFINVEST F.L. S.p.A., a market dealer in investment-grade physical gold, an Innovative SME listed on Euronext Growth Milan and founded in 1983, has signed a preliminary agreement with Dierre S.r.l. for the acquisition of a business unit. The unit, part of Dierre S.r.l. — a company founded in Genoa in 1983 — is dedicated to the trading and purchase/sale of precious metals (gold, silver, platinum, and palladium in the form of coins, bars, ingots, and sheets) and the commercialization of investment gold coins. The business unit is structured for the performance of the aforementioned business activities.

The purchaser was assisted, for corporate matters, by Weigmann Studio Legale, with lawyers Franco Galiano (Equity Partner), Fabrizio Tarocco (Equity Partner), and Fabrizio Abrate (Associate), and for equity capital markets aspects, by Dentons, with a team led by partner Antonella Brambilla and composed of counsel Silvia Pacchiarotti.

Deloitte Legal assisted Dierre with all legal aspects of the transaction, with a team led by partner Andrea Sciortino and coordinated by managing associate Federico Michelini, supported by senior associate Christian Diplotti and junior associate Domiziana Stradiotti. The Deloitte Legal team was also supported on equity capital markets aspects by partner Gianfilippo Pezzulo.

Deloitte Financial Advisory advised the selling company as financial advisor for the M&A aspects, with a team led by partners Ettore Delucchi and Michele Gismondi, and composed of assistant manager Stefano Stancari and associate Emanuele Galletti.