PARFIN HOLDING S.P.A.: ADVISOR FOR MERGE AND ACQUISITION OF 3 COMPANIES Following the privatisation by Benetton group,Del Vecchio ( Luxottica group) and Movenpick, SME ( the Italian government Holding for nutrition and food )has sold the "Nuova Forneria SPA" to PARFIN Holding spa for 70 % stake and to IDI spa for the other 30%. The turn over of Nuova Forneria spa was approx 40 M € for a total group turn over of 75 M €. After the merge and acquisition the Nuova Forneria has position itself as the third largest Italian company (according to a Nielsen survey). The price of the acquisition has been approx 4.2 M €. Strategy of the new owners was to reposition the company in the marketplace focusing the activity onto high end brands. Nuova Forneria as a matter of fact owns brands such as Motta's "Buondì","Girella","Ciocorì". MDA associati has been advisor throughout the process, from strategic definition to implementation, from approach to the targeted company to the implementation of the acquisition.