White & Case advises Pemberton funds on Italcer’s acquisition of Ceramica Fondovalle

Global law firm White & Case LLP has advised funds controlled by Pemberton, as underwriters, on the structuring and underwriting of senior secured floating rate tap notes due 2024 issued by Italcer S.p.A.

The issuance will partly finance Italcer's acquisition of Ceramica Fondovalle S.p.A., an Italian company which produces and sells ceramics.

Italcer operates in the ceramics sector and is indirectly controlled by private equity fund Mindful Capital Partners, formerly Mandarin Capital Partners.

The White & Case team in Milan that advised on the transaction included partners Iacopo Canino and Gianluca Fanti, associate Stefano Bellani and lawyer Elvira Ricotta.

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