New Deal Advisors supports NB Renaissance in the sale of Novamont
Milan, April 28, 2023 – New Deal Advisors, an independent company specialising in advisory services to M&A Transactions, has supported NB Renaissance and Investitori Associati II, in the sale of the remaining 64 percent of Novamont to Versalis, an Eni group company.
Novamont is a leading international company operating in the field of chemicals from renewable sources, and has experienced very strong growth in recent years, with revenues reaching 425 million in 2022 from 158 million in 2014.
A world leader in bioplastics and biodegradable and compostable biochemicals and a world-class player in the circular bioeconomy, Novamont has internationalized through M&A and branch openings in France, Germany, Spain, and the United States.
New Deal Advisors, with a team led by Antonio Ficetti Gasco (Partner), has provided Vendor Assistance Services to NB Renaissance and Investitori Associati II, in the sale of 64 percent of Novamont (held by Mater-Bi) to Versalis (a chemical company of the Eni group already owning a 36 percent stake in Novamont).”
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New Deal Advisors is an independent firm specialising in advisory services in M&A. Established in 2012, New Deal Advisors provides support in a broad variety of extraordinary transactions streams including mergers and acquisitions, restructuring, transformation processes, forensic and litigation activities, fairness opinions and valuation services. New Deal Advisors has worked for more than a decade alongside private equity funds, investment holdings, family offices, financial institutions and strategic players achieving to date the finalisation of over 200 deals.