LawaL Legal & Tax Advisory assisted Arca Defence Italy SpA in the transaction

Milan, October 7 – Arca Defence Italy SPA, the Italian subsidiary of the Turkish Arca Defence group, has completed the purchase of the business unit of Esplodenti Sabino SpA in a negotiated settlement of the crisis.

Founded in Ankara in 2020, the ARCA Group operates in the defense sector, engaged in a wide range of activities such as military defense systems, arms and ammunition trade, management, production, training, and consulting in the defense sector.

Based in Casalbordino in the province of Chieti, Esplodenti Sabino is a historic Italian company founded in 1972, specializing in the demilitarization of conventional ammunition and the recovery of materials from weapons.

Esplodenti Sabino SPA, assisted by lawyer Sergio Della Rocca, began a process of negotiated settlement of the crisis, which led to the sale of the company to the Arca Defence group under the supervision of the settlement procedure expert Diego Bracciale and with the approval of the Court of Vasto presided over by Dr. Monteleone.

Following the transaction, the approximately 65 employees of Esplodenti Sabino, after several periods of temporary layoffs, including under special provisions, will gradually return to their jobs thanks to the support of local institutions, particularly the Abruzzo region, as part of an overall operation that includes further investments in production sites planned by the Arca Defence group.

LawaL Legal & Tax Advisory assisted Arca Defence with a team led by Managing Partner Piergiorgio Mancone and composed of Partner Giuseppe Massaro for the negotiation of the crisis aspects, Partner Alberto Picariello for tax aspects, and Partner Andrea Marziale for labor law aspects. The corporate and golden power aspects were handled by Piergiorgio Mancone with Senior Associate Luca Gobbi and Associate Emanuele Rizzuti.

Sergio della Rocca and his team assisted Esplodenti Sabino S.p.A..

The President of Esplodenti Sabino Spa, Gianluca Salvatore, stated, "On behalf of myself and the entire company, I would like to express our deepest gratitude to all the workers who, during these difficult years, have always maintained a responsible and trusting attitude, and above all, our thoughts go out to those colleagues who are no longer with us. Transferring so many years of dedication and sense of duty to a solid group such as Arca is a source of great satisfaction, and we are confident that it will be a precursor to a relaunch of activities that is important both for the region and, with the importation into Italy of the culture of a prominent European entity, for the creation of a culture of safety in a complex sector such as explosives."

The CEO of ARCA DEFENSE ITALY SpA, General Ciro Milano, also stated on behalf of the Arca Defence group that "fully aware of the great commitment required of myself and the entire Arca Defence Group, we will do everything necessary to continue the great tradition of Esplodenti Sabino S.p.A. in the area, doing everything possible to preserve and further implement the know-how of the workforce, which is the real added value of the acquisition. ARCA will make significant investments to start the new production activities as soon as possible in conditions of maximum safety for personnel. The hope is to have the workers and all the authorities involved at our side to minimize the time needed to resume activities."