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SCOUTING CAPITAL & FAMILY ADVISORS ASSISTS GREEN ALLIANCE IN THE ACQUISITION OF BIOENERGY EUROPE
- Milan, June 5, 2025 – Green Alliance, a leading player in the distribution of renewable energy from woody biomass, has acquired 100 percent of the capital of BioEnergy Europe Srl (“BioEnergy Europe”), a company that to date is the only operator with a bulk pellet bagging site and one of the largest pellet distributors in Sicily and Calabria.
- The deal comes amid rapid developments in the biomass sector and aims to strengthen Italy’s role in the European distribution of renewable energy from wood sources. The integration will enable BioEnergy Europe to leverage the strengths of Green Alliance’s logistics and operational platform, generating synergies in procurement, wide product availability, price stability and management efficiency. Green Alliance will integrate expertise, resources and networks to ensure more stable and reliable supplies for the benefit of the market and consumers.
- The Green Alliance Group, with more than 15 warehouses throughout the country, moves more than 400 thousand tons of pellets. With this operation, it will exceed 100 million euros in sales, advancing its project of positioning itself as the Italian leader in the distribution of energy from renewable woody biomass.
- BioEnergy Europe, a company based in San Giovanni la Punta (Catania, Italy), reported revenues of about 8 million euros in 2024 and boasts a widespread sales network throughout the territory, with a strong presence in the Sicilian large-scale retail sector. In the past five years it has quintupled turnover, with an average annual growth rate of 45 percent.
- In the transaction, Green Alliance was assisted by Scouting Capital & Family Advisors as financial advisor, with a team composed of Partner Davide Milano and Associate Director Marco Croci. Giovannelli e Associati acted as deal advisor for the transaction with a team composed of Senior Associate Francesca di Lorenzo, as well as Associates Giorgia Palmas and Edoardo Pietricola. It used Magazzù & D’Alessandro Associati for financial, tax and accounting due diligence and Studio Legale Pisciotta for legal matters.
- Bioenergy Europe, for financial aspects, was assisted by Andrea Garofalo of Studio Garofalo.