Rome, 6 July – The associated law and tax firm QLT Law & Tax advised the shareholders of Vipal S.p.A. on the sale of 100% of the company’s share capital to the Canadian multinational Savaria Corporation.

Founded in 1983 and headquartered in Ferentillo (Terni, Italy), Vipal S.p.A. manufactures elevators, lifting platforms, as well as related metal structures and components for residential and commercial applications. Originally established as a metalworking company, Vipal has evolved into a fully integrated elevator manufacturer, employing approximately 50 people and experiencing steady sales growth, including across European markets.

Legal assistance to the shareholders of Vipal S.p.A. was provided by Nicola Romano, Partner at QLT Law & Tax, while Francesco Faina of Pandion Partners, an international M&A and corporate finance boutique, acted as strategic advisor in the definition and structuring of the transaction.