Allen & Overy advises on the relaunch of Conceria Milanese S.p.A.

Conceria Milanese is a Milan-based company founded in 1984 which specialises in the tanning, dyeing and printing of fine leathers and furs. The deal – which provided for a capital increase by the existing shareholders, the discharge of most of the company’s debt and the disbursement of new commercial finance – aims at supporting the company’s relaunch process after the turbulent pandemic years and the start of the Russia-Ukraine conflict.

Thanks to its high-level know-how, the company is a market leader employing around 100 people, with a 70% market share in the fine leathers processing sector and offering its services to clients from all over the world.

A&O advised on all the legal aspects of the deal with a team comprising Juri Bettinelli, Head of the Italian Restructuring and Insolvency team, and associate Bianca Lascialfari.