Business transfer
Metal structure construction sector

Business transfer - Metal structure construction sector

Unified Procedure n.R.G. 66/2025 - Court of Modena

NOTICE

The object of the competitive sale is the Company owned by Italtecno Srl consisting of the complex of movable assets and intangible assets, as well as legal relationships (within the limits specified) organized for the production of matrix cleaning, anodizing, painting, purification plants and supply of consumables for the aforementioned plants; the company operates internationally, and over its 50-year history has built plants in over 30 countries worldwide.

The company is currently operational.

The activity of design, production, assembly, and testing of plants is divided into four different divisions, in particular:

1. Anodizing plant division

2. Powder coating plant division

3. Matrix cleaning and soda recovery plant division

4. Water purification plant division

The company consists exclusively of the assets and rights listed below:

• -Instrumental goods located at the operational headquarters (Tangible Fixed Assets)
• -Orders in progress with customers: including the remaining plants existing at the date of completion of the business transfer act and the commitments and credits that will arise from the completion of the orders
• -Commercial goodwill and orders in the process of acquisition and negotiation with customers at the date of completion of the act, all as more specifically outlined in the subsequent point 4 of this notice "Ongoing commercial negotiations";
• -Employment relationships n. 13: The employment relationships with the currently employed staff fall within the perimeter of the Company subject to this notice. These are n. 13 permanent employment relationships, of which three are part-time;
• -Debt towards employees for severance pay and accrued vacation and leave.

The buyer is not liable for debts related to the operation of the transferred companies, arising before the transfer.

The offered price cannot be less than € 660,000.00 (six hundred sixty thousand/00).

From the price, the amount of debts towards workers, which will be assumed by the buyer under liberating conditions for Italtecno pursuant to art. 2112, paragraph 2, second period c.c., will be deducted.

This debt, at the date of filing the prenotative application ex art. 44 CCII, has been estimated at approximately Euro 300,000;

The offer must contain:

1) the irrevocable purchase offer, to be submitted on a facsimile basis attached

2) the indication of the offeror's details:

3) the indication of the insolvency procedure "Irrevocable Purchase Offer Company – Unified Procedure Italtecno S.r.l. N. 66.2025";

4) the indication of the offered price, which cannot be less than Euro 660,000.00 (six hundred sixty thousand/00 Euro), plus legal charges, under penalty of nullity of the offer itself, as well as transfer expenses and taxes borne by the successful bidder.

5) Copy of bank transfer for deposit payment equal to 10% of the offered price by bank transfer to the current account in the name of Italtecno Srl opened at the bank "San Felice 1893 Banca Popolare" IBAN: IT 67 A 05652 12900 CC0100105994

6) Full copy of this sale notice with the stamp and full signature on each page by the offeror or the person authorized to sign on behalf of the offeror, as a sign of relative full knowledge and acceptance, prior and unconditional, of the sale conditions

Offers must be received by 12:00 PM on July 9, 2025 by deposit at the Bankruptcy Procedures Registry of the Court of Modena, in Modena Corso Canalgrande n.77, in a sealed envelope bearing only the wording "Irrevocable Purchase Offer Company – Unified Procedure Italtecno S.r.l. N. 66.2025".

Each offer must contain, among other things, the complete data of the offeror, proof of the deposit; declaration of acknowledgment and acceptance of the Notice.

For further information on participation methods, consult the attached documentation