In-depth research shows that M&A activity, if carried out continuously, and following a clear strategic direction and over a long term, is a growth accelerator in companies. In a country like Italy, the issue of small business size has a significant impact on competitiveness in terms of lower investments in research and development, reduced internationalisation capacity and less appeal for trained managers. Looking at the annual report on the market of mergers and acquisitions in Italy in recent years, it is evident that the companies which have grown the most in the last 20 years have all used M&As on an ongoing basis. Companies such as Amplifon, Autogrill, Biesse, Brembo, Campari, Cerved, Coesia, Granarolo, Luxottica, GI Group, Hera, Interpump, just to name a few, have established themselves as global leaders in their respective sectors as a result of mergers and acquisitions that have allowed them to diversify their product portfolio, enter new markets, acquire new brands, strengthen know-how and distribution chains. We therefore encourage our clients to pursue these changes and advise them on planning and implementing all necessary extraordinary transactions such as mergers, spin-offs, acquisitions, disposal of companies and shareholdings.
We also support our customers in matters concerning day-to-day management and corporate law and in drafting related contracts and, always in view of the strategic partnership, general consultancy and management.