Persico, with its in-house team, acquires Precision Mold Services

Persico, assisted by the in-house team, has acquired CHH, Inc. (d/b/a Precision Mold Services), a U.S. rotomoulding service provider based in Minnesota. The transaction closed on April 20, 2023. The in-house team consisted of: Persico’s Rotational Division, led by Claudia Persico, VP & Rotational and Director at Persico Group; finance and legal teams led by, respectively, CFO Paolo Tessarolo and General Counsel Mirko Nava (pictured).

External advisors

Becker & Poliakoff corporate and international practice group has advised Persico in the acquisition. The firm’s team was led by corporate shareholder and Europe & Latin America practice group chair Gabriel Monzon Cortarelli with assistance from employment shareholder Jamie Dokovna, tax of counsel Guy Novo and corporate associate Valeria Angelucci

The company

Founded in 1976, Persico Group is an Italian multinational in the automotive, rotomoulding and marine industries providing a full range of services: from concept to design, engineering and manufacturing of prototypes, models, moulds, automation systems and turnkey yachts. Persico also operates in other industries, including aerospace, medical and architecture.