MAIO and Segarra advise on the acquisition of Pygsa by FTSystem

Maio Legal and Segarra Abogados have advised on the acquisition of Pygsa by FTSystem, a leading Italian manufacturer of inspection and control devices for bottling and packaging lines for water, beverages and soft drinks. FTSystem has acquired 30% of Pygsa Sistemas Y Applicaciones, a Valencia-based company specialising in product inspection technologies for quality control.

Together with the capital increase, the two groups signed an agreement for the exclusive distribution of FTSystem solutions in Spain, in all relevant sectors (life science, cosmetics, food & beverage) and in Portugal, for food & beverage only.

Following the legal aspects of the acquisition for FTSystem was the Spanish law firm Maio, with partner Marco Bolognini, counsel Paolo Ronco and associate Pablo Seguì.

The spanish law firm Segarra, with Joan Gutiérrez (head of department) and Ignacio Segarra (partner), assisted the majority shareholders.

Pictured: Maio Legal: top part from left to right: Marco Bolognini, Paolo Ronco and Pablo Seguí. Bottom part from left to right: Ignacio Segarra and Joan Gutiérrez.

Julia Gil