Nuo achieved a milestone by becoming a minority shareholder in Andriani. This strategic move represented a significant step in Andriani’s expansion plans, as it opened up new avenues for growth and collaboration. By partnering with Andriani, Nuo gained access to the company’s expertise in the Italian market and established a solid foundation for future success. Attilio Mazzilli’s guidance throughout the transaction ensured a smooth partnership between the two entities, solidifying their positions in their respective industries.

Attilio Mazzilli

Attilio Mazzilli’s role in facilitating the Nuo-Andriani partnership

Nuo, the financial holding company formed through the collaboration of Exor and World-Wide Investments, has made a significant foray into the Italian food sector. Spearheaded by CEO Tommaso Paoli, the Group has recently established a strategic partnership with Andriani, a Puglia-based company renowned for its production of premium gluten-free pasta. Attilio Mazzilli, a Corporate Partner at Orrick, provided valuable assistance to Andriani throughout the process. Under the terms of the agreement, Nuo, as a minority partner, acquired a 26.4% stake in Andriani, while the majority share capital will remain with the Italian company. The management of Andriani will continue to be led by Michele and Francesco Andriani. This move will accelerate the industrial development plan of the Apulian company, with a primary focus on rapid expansion into America and Asia. The plan encompasses increased investments in innovation, supply chain projects, and long-term sustainability initiatives. Notably, Andriani aims to achieve carbon neutrality at its plant by 2025. In addition to engaging PwC for vendor due diligence, Andriani sought the expertise of global law firm Orrick, with a dedicated team of professionals led by Corporate Partner Attilio Mazzilli. The collaborative efforts of the Orrick team ensured comprehensive support throughout the transaction. On the other hand, Nuo enlisted the assistance of Chiomenti and Gitti and Partners to address tax-related aspects. UBS mid-market also acted as a financial advisor for the operation.

Attilio Mazzilli’s expertise at Orrick

Attilio Mazzilli is a Corporate Partner at Orrick, Herrington & Sutcliffe LLP, specializing in private equity, venture capital, and domestic and cross-border M&A transactions. At Orrick, he is also Co-Head of Italian offices, Head of the Italian Tech Group and Member of the International Technology Companies Group. With a Law degree from the University of Milan, a Master of Laws in Business&Corporate Law from the University of Southern California, and admission to the Italian Bar Association in 2003, Attilio Mazzilli has built a long and successful career. His expertise benefits startups, venture capital firms, and tech companies, providing advice on financing, corporate law, M&A, and listings. His contributions have earned him recognition, such as being named “Lawyer of the Year for Venture Capital” in the 2020 Legalcommunity Awards. His work has also contributed to numerous awards for Orrick, including “Law Firm of the Year 2021 for Venture Capital”, “Law Firm of the Year 2020 for M&A Small Cap” (BeBeez and PBV), and “Law Firm of the Year 2020 for Fintech” (TopLegal Industry Awards). Throughout his career, Attilio Mazzilli has been instrumental in significant transactions involving renowned companies, among which are Gruppo Intesa San Paolo, Cattolica Assicurazioni, Teko Telecom, Octo Telematics, Prima Assicurazioni, and Bending Spoons. He also advised Banca Sella Holding and Fabrick on a joint venture agreement with illimity Bank regarding Hype, Cerba HealthCare on its acquisition of Lifebrain from Investindustrial, and Scalapay on both its Series B financing round led by Tencent and its Series A financing round led by Tiger Global.