Idea Team Srl signed an agreement to acquire 24.6% stake in Ki Group S.p.A. (BIT:KI) from Bioera S.p.a (BIT:BIE) for €6.9 million on July 5, 2016. The agreement envisages a call option for acquisition by Idea Team of the remaining 50.1% stake in KI Group held by Bioera S.p.a. Giacomo Baselica of Baselica acted as legal advisor and Massimo Baiamonte of Consulenza Aziendale acted as business consultant for Idea Team. Paolo Daviddi and Nicoletta Carapella of Grimaldi acted as legal advisor for Bioera. Vitale & Co. S.P.A. acted as financial advisor for Ki Group and Bioera.

Idea Team Srl cancelled the acquisition of 24% stake in Ki Group S.p.A. (BIT:KI) from Bioera S.p.a (BIT:BIE) on July 5, 2017.