Merger Innova Italy 1 – Fine Foods
Innova Italy 1 S.p.A., an Italian SPAC listed on the Italian Alternative Investment Market (AIM), and Fine Foods & Pharmaceuticals N.T.M. S.p.A. approved the signing of a framework agreement for the realization of a merger of Fine Foods within Innova.
Innova is the special purpuse acquisition company promoted by Fulvio Conti (president), Paolo Ferrario (CEO), Marco Costaguta, Francesco Gianni and Alessandro Pansa, who raised funds for Euro 100 millions.
Fine Foods was founded in 1984, and it is the biggest Italian independent supplier for third parties (contract development and manufacturing organization or CDMO) of nutraceutical and pharmaceutical products.
As far as the operation is concerned, Athena's professionists Prof. Luigi Migliavacca and Dr. Giovanni Rigo, with Dr. Celestina Fratianni's assistance, collaborated in the control of extra-budgetary information contained in the Documento Informativo drafted according to article 14 of Regolamento Emittenti AIM Italia.