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Greenberg Traurig Santa Maria Team Assists Custodia Valore in purchasing the pawn-broking business of Credito Valtellinese

Partner Pietro Caliceti Leads Multi-Disciplinary Team from Milan

MILAN – 7 August 2019 – International M&A attorney Pietro Caliceti, a partner at Greenberg Traurig Santa Maria, led a multi-disciplinary team of attorneys who helped client Custodia Valore S.p.A. purchase the pawn-broking business of Credito Valtellinese, an Italian bank listed on the Milan stock exchange. Custodia Valore, an authorized financial intermediary supervised by Bank of Italy, is a subsidiary of the Austrian company Dorotheum, one of the world’s oldest auction houses and pawnbrokers, founded in 1707 by Emperor Joseph I. 

The transaction, which was signed on 6 August 2019, is valued at approximately 40 million euro. It is expected to consolidate Custodia Valore’s position as European leader in the pawnbroking sector, achieved in 2018 through the acquisition of the business of UniCredit in a similar deal, also led by Caliceti. That deal was valued at approximately 145 million euro. The closing is expected to take place by the end of 2019 after the issuance of required regulatory approvals.

Caliceti photoCaliceti (pictured) is a negotiator and litigator on corporate and M&A matters. His clients include banks, private equity funds, and other financial institutions. His broad international experience includes negotiations in the United States, China, India, Hong Kong, England, Guernsey, Luxembourg, Germany, France, Austria, Spain, Greece, Poland, Lithuania, Slovakia, Israel, and Libya. Caliceti was a founding partner of one of the biggest firms in Italy and later ran his own firm for more than 10 years before joining Studio Santa Maria Legale, predecessor to Greenberg Traurig Santa Maria, the Milan office of global law firm, Greenberg Traurig, LLP.

Other members of the Greenberg Traurig Santa Maria team included in the M&A Practice Group associates Dante Campiverdi and Martina Badessi, and in the Antitrust Practice Group, partner Edoardo Gambaro and associates Francesco Mazzocchi and Pietro Missanelli.

About Greenberg Traurig’s Corporate Practice: Greenberg Traurig’s Corporate Practice comprises more than 450 lawyers in the United States, Europe, Asia, the Middle East and Latin America who regularly advise public and privately held companies, entrepreneurs and investment funds on global mergers and acquisitions, corporate restructurings, private equity and venture capital, underwritten and syndicated offerings, commercial finance and syndicated lending, cross-border transactions, and general corporate matters. The group’s industry experience includes transactions in a wide range of fields, from the pharmaceutical, medical devices, and life sciences fields, to representations involving clients in the aviation, banking, consumer products, energy, food and beverage, health care, manufacturing, media, technology, and telecommunications sectors.

About Greenberg Traurig Santa Maria: In 2019, Santa Maria Studio Legale Associato, a top Italy-based European law firm for more than 50 years, formalized its 15-plus-year strategic alliance with Greenberg Traurig, LLP (GT), resulting in Greenberg Traurig Santa Maria (GTSM) in Milan, Italy. GT, founded in 1967, has more than 2000 attorneys in 41 offices in the United States, Europe, Latin America, the Middle East, and Asia. GTSM is comprised of approximately 50 highly sophisticated attorneys who work across business-focused markets and sectors. Click here for more information about all of the members of the team.