Milan, 27 October 2023. 

Bridgelaw, with its Partner Gianluca Benedetti, has advised the founders of the Irrimec Group in the sale of the Italian company Irrimec and its French subsidiaries Otech and Otech 40 to a private equity fund controlled by Carlyle.  Our firm has advised the sellers in the due diligence, the legal and regulatory aspects, the structuring, drafting and negotiation of all transaction contracts.  Carlyle has been advised by Latham & Watkins. 

Target companies operate in the design and construction of advanced irrigation systems for agriculture, including hose reels, hose reels with pump, irrigation booms, pivots, linears, control panels, irrigation accessories.   The acquisition fits with the creation, by Carlyle, of the Farmfront Group, a leading global platform of suppliers of advanced irrigation systems.