Ughi e Nunziante assisted Groupe Sirail on its acquisition of IGM, an Italian company specialized in the advanced development of electromechanical and electronics systems for the railroad industry. The team was led by Giuseppe Coco, together with Counsel Benedetto Colosimo for the financing related aspects.
Groupe Sirail is a French group operating in 6 countries with over 1,000 employees and over 70 million euros of revenue. With the acquisition of IGM, the group extends the scope of its activities, in particular in Italy and Poland, and further develops its capabilities in electric and mechanical design in the rail transportation sector.
In addition, IGM has invested in Groupe Sirail, becoming a minority shareholder.