Zucchetti Group SPA agreed to acquire PITECO S.p.A. from Dedagroup Spa on January 19, 2023. Dedagroup was assisted in the negotiation of the transaction on the fiscal and legal front by Maurizio Scozzi and Daniel Frizzera of Scozzi chartered accountants firm and by Emanuele Trucco of Shearman & Sterling, while financial advisors were PWC Deals, JP Morgan and Unicredit. Zucchetti was followed by Mediobanca Banca di Credito Finanziario S.p.A. as financial advisor and by BDO on the accounting front, while the legal part was managed by the internal lawyer Giuseppe Spernicelli.

Zucchetti Group SPA completed the acquisition of PITECO S.p.A. from Dedagroup Spa on March 20, 2023, which is an estimated completion date.