Osborne Clarke advises on the international expansion of the ITELYUM Group in Germany

Osborne Clarke advised ITELYUM - a leading national group in the circular economy and international player in the management, recycling and valorisation of industrial waste, controlled by Stirling Square Capital Partners LLP with the participation of Deutsche Beteiligungs AG - in the context of its internationalisation policy, through the acquisition in Germany of control of Safechem Europe GmbH, based in Düsseldorf, a European leader in safe and sustainable solvent solutions and high value-added services for surface cleaning applications, serving more than 5,000 customers worldwide (including China, the UK, the US and Mexico, thanks to subsidiaries located in those countries).

ITELYUM, headquartered in Lodi and present in Italy with 34 subsidiaries, as well as having consolidated its presence in the Italian market and successfully implemented a one-stop-shop business strategy in the creation and management of a circular model for industrial waste, including solvents, which are managed by its Purification business unit, is now entering the German market as a major player.

Osborne Clarke's team included partner Christoph Torwegge and associates Felix Jaeger, Alexandra Abeln and Svenja Kaufeld for corporate profiles, partner Christoph Seidler for labour profiles, and partner Thomas Funke, counsel Ghazale Mandegarian-Fricke and associate Thomas Knapowski for antitrust profiles, with support from Italy by partner Giorgio Lezzi.

ITELYUM's in-house team worked with Head of Business Development and M&A Flavio Ferrari and M&A manager Mattia Vene, General Counsel Laura Zanin, under the guidance of Managing Director Marco Codognola.