Acquisition by the Italian U-Power Group of Jal Group

Kammoun & Kallel led the transaction advice of Italian U-Power Group on their acquisition of Jal Group, the largest manufacturer in the sector of safety footwear with its worldwide brands.

The Firm has been vested with the legal Due Diligence, drafting and assistance to the negotiation of the transaction documents.

The Firm has been strongly involved within:

– The structuring of the transaction taking into account foreign investment requirements;
– Negotiations with the liquidator of Jal Group;
– Negotiations with the Union and 3,500 employees of Jal Group.