Edmond de Rothschild Investment Partners acquired from Argos Soditic and from the Mucci family a majority stake in D.I.MAR S.r.l., a company based in Corridonia (MC) that manages the frozen seafood specialised retail chain trading under the brand name of ‘Sapore di Mare’, operating in excess of 100 stores in Italy and generating over  80 million Euro in revenues in 2016.

The buyer will be involved in the transaction alongside the CEO Paolo Gattafoni and the Mucci family, who will be retaining a stake in the company.

This is the fourth operation in Italy for Edmond de Rothschild Investment Partners, who was advised by Nctm with a team led, respectively, by Pietro Zanoni and comprising Lucia Corradi and Giulio Della Casa as to M&A matters, and by Andrea De Tomas and comprising Ilaria Parrilla and Bianca Macrina as to banking matters. Tax advisor was Marco Sandoli, Of Counsel at Di Tanno e Associati.

Argos Soditic and the other sellers were advised by Giovannelli e Associati Studio Legale with a team comprising Giovanni Carcaterra and Lilia Montella.

KPMG was entrusted with the Vendor Legal, Financial and Accounting Due Diligence.