RMG Metalli Guizzi completes debt restructuring through strategic asset disposal

RMG Metalli Guizzi S.p.A. (RMG), a long-standing Italian foundry with a significant national presence, has finalized the restructuring of its financial position. The complex operation was executed via an interbank agreement under Article 56 of the Italian Code of Crisis and Insolvency (CCII). The turnaround plan involved the disposal of RMG’s real estate assets and its core business unit, including all necessary industrial authorizations, alongside specific settlement agreements with key stakeholders to facilitate the company’s recovery.

As part of the restructuring, the business complex and real estate assets were acquired by Italchimici S.p.A. and Copper Italia S.r.l.

RMG was assisted by Pirola Pennuto Zei & Associati with a multidisciplinary team supervised by partners Roberta Di Vieto and Stefano Barletta. The financial, tax, and restructuring workstreams were managed by senior associate Marco Romussi and partner Francesca Onoscuri, while associate partner Dario Taroni and partner Pierluigi Samarotto oversaw the legal aspects of the transaction. The company also received administrative support from Fidiger S.p.A., while Davide Russo of Oxerevi handled the administrative and corporate matters related to the liquidation of the assets.

The purchasers, Italchimici S.p.A. and Copper Italia S.r.l., were advised by Andersen. The firm’s team included partners Andrea Ferrandi and Nicole Frigo, alongside senior associate Matteo Calvi, while partner Alessandra Nodari managed the corporate relationship profiles.

The pool of eleven creditor financial institutions involved in the agreement was represented by Gianni & Origoni (GOP) with a team led by partners Paola Vallino and Luca Jeantet, supported by associate Federico Roberi. Additionally, PVG Consulting acted as the independent certifier for the restructuring plan, with partners Pietro Paolo Papaleo and Alessandra Gittone leading the mandate.