22 Dec 2025

Haoxin completes investment in Officine Vica after agreement with creditors

"Haoxin Group completed a majority investment in Italian engineering firm Officine Vica by subscribing a capital increase after reaching an agreement with its financial creditors under Italy's Code of Business Crisis and Insolvency. Giovanardi Studio Legale advised the financial creditors; Studio Legale CRZM advised Officine Vica and its shareholders; Eversheds Sutherland (Italy) and King & Wood Mallesons (China) advised Haoxin."

Giovanardi Studio Legale advised the financial creditors, Studio Legale CRZM advised Officine Vica and its shareholders, and Eversheds Sutherland (Italy) together with King & Wood Mallesons (China) advised Haoxin Group. Haoxin Group has completed its investment in Officine Vica, an Italian company active in the engineering and manufacture of industrial components, by subscribing to a capital increase and becoming the company's majority shareholder. The closing of the transaction was made possible by an agreement reached with Officine Vica's financial creditors within a negotiated composition procedure under the Italian Code of Business Crisis and Insolvency. Giovanardi Studio Legale represented the financial creditors with a team composed by: Cristiano Ruspi (partner) and Emanuele Pradella (associate). Studio Legale CRZM represented Officine Vica and its shareholders with a team composed by: Andrea Rodolfo Masera (partner), who also assisted the shareholders on matters related to Haoxin's investment. Eversheds Sutherland represented Haoxin Group on Italian law matters with a team composed by: Davide Proverbio (partner), supported by Giuseppe Angiulli (associate) and Francesca Parisi (associate). King & Wood Mallesons represented Haoxin Group on Chinese law matters with a team composed by: Xu Ping (partner).
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