With Attilio Mazzilli’s assistance, Nuo becomes a minority shareholder in Andriani, marking a significant step in the company’s expansion plans.
Attilio Mazzilli: the new partnership between Andriani and Nuo
Nuo, the financial holding company set up by the partnership between Exor and World-Wide Investments, has entered the Italian food sector through a recent collaboration. Andriani, a company known for its top-notch gluten-free pasta made from exceptional raw materials and based in Puglia, has partnered with Nuo under the guidance of CEO Tommaso Paoli. Attilio Mazzilli, Corporate Partner of Orrick, played an important role in assisting the Italian group in this agreement. With this new collaboration, Nuo will become a minority shareholder in Andriani, holding a 26.4% stake. However, the majority share capital will remain with the Italian Group, while Michele and Francesco Andriani will continue to lead the company’s management. This strategic move will accelerate the industrial development plan of Andriani, focusing on expanding into the American and Asian markets.
Attilio Mazzilli among the key players
Alongside this expansion, the new partnership between Andriani and Nuo includes substantial investments in innovation, supply chain projects, and long-term sustainability goals such as achieving carbon neutrality by 2025 at the manufacturing plant. During the deal, Andriani sought assistance from both PwC for vendor due diligence and Orrick, where partner Attilio Mazzilli led a team of professionals. On the other hand, Nuo received guidance on tax aspects from Chiomenti and Gitti and Partners. While UBS mid-market served as a financial advisor for this transaction.