White Lab acquires C.T.R.
In the context of the acquisition of C.T.R. S.r.l., Limena (PD) by White Lab, Athena assisted the buyer in the Financial & Tax Due Diligence activities with a team composed of Anna Luisa Spadari, Giovanni Rigo e Valentina Del Corno.
C.T.R. is a laboratory specialized in mechanical testing, chemical and environmental analysis, metallographic investigations, failure analysis, and materials testing for the Oil and Gas and Construction sectors. The laboratory has a ministerial concession to perform tests on construction materials in accordance with Italian Law n. 1086/71 and is authorized by the Ministry of Health to perform analysis on materials containing asbestos.
The transaction represents a pivotal step toward the consolidation of White Lab - controled by White Bridge Investments - in the world of testing laboratories, in line with the project that led to the acquisition of 9 companies with over 300 employees over a year. By the end of 2023, the group is expected to reach an aggregate turnover of more than 50 million euros and 15 operating locations, with a widespread presence throughout the country.