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Norton Rose advises Gio’Style on add-on acquisition

International legal practice Norton Rose Studio Legale has advised Gio’Style Lifestyle on the acquisition of Plastic Art’s Ordinett division, which specialises in the production, sale and distribution of PVC plastic containers.

Gio’Style is based in Bergamo, Italy, and produces plastic outdoor, travel and home products, as well as plastic products used by the medical and pharmaceutical sectors.

Private equity house Atlantis Capital Situations is the owner of Gio’Style.

The add-on acquisition was completed in the context of a reorganisation plan presented by Plastic Art under Italy’s Art. 67 of Italian Bankruptcy Law.

The Norton Rose team, based in Milan, was led by corporate finance partner Davide Proverbio and assisted by senior associate Cristina Gabardi and associate Laura Tricomi.

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