20 Oct 2025

"Biscuits Bouvard Acquires Full Control of Lago Group to Expand Product Range"

"French company Biscuits Bouvard has acquired 100% of Lago Group, a historic Italian confectionery company, by purchasing the remaining 25% from the Lago family. This acquisition finalizes a process started in 2019 to consolidate control over Lago Group, which will continue to develop its brand and expand its product range both in Italy and internationally. The Lago family will maintain an operational role within the company, and the current governance will remain unchanged, with Pasquale Zumbo as CEO. Legal assistance was provided to both parties by LCA Studio Legale and Fieldfisher Italy."

**Press Release Summary:** The law firms involved in the transaction are LCA Studio Legale, which assisted Biscuits Bouvard, and Fieldfisher Italy, which represented the Lago family. In this transaction, the French group Biscuits Bouvard acquired 100% of the share capital of Lago Group, a historic confectionery company based in Galliera Veneta, by purchasing the final 25% stake held by the Lago family. This acquisition marks the culmination of an industrial journey that began in 2019, aimed at consolidating Biscuits Bouvard's full control over Lago Group. The company plans to continue investing in and developing the Lago brand while expanding its product range in both the Italian and international markets. The Lago family, deeply connected to the company's history and its employees, will maintain an operational role within the organization, and the governance structure will remain unchanged, with Pasquale Zumbo continuing as the CEO of Lago Group. The legal teams involved in the transaction include Riccardo Sismondi, an equity partner at LCA Studio Legale, and Fabrizio Miceli, an associate at the same firm. From Fieldfisher Italy, the team comprised Niccolò Massimo Gruppi, a partner and head of the Corporate M&A department, and associate Massimo Lanzotti.
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