Fiori Group Spa | Octagona Srl
Octagona Ltd./Fiori Group S.p.A.

Fiori Group S.p.A.

Fiori Group S.p.A.

The client company

Fiori Group Spa is an Italian company founded in 1942, headquartered in Finale Emilia (MO), and a world leader in the production and development ofself-loading concrete mixers (SLMs) for concrete, dumpers for the construction industry, and silos.

Already present abroad with direct offices in Singapore, Brazil and a distribution network in more than 60 countries, the Group continues to expand its sales network in India, a country that represents a major growth opportunity for the company.

Objectives:

  • Activate a direct presidium in order to market the company's products and, later develop possible local production;
  • Receive ongoing assistance from a corporate, administrative and tax perspective.

Strategy and action

In order to support Fiori Group in establishing a subsidiary in India, Octagona (through its team of tax, legal, and strategic management experts) provided the necessary support in terms of consulting from a comprehensive perspective covering tax, legal, and business management aspects. The course was structured as follows:

  • Assistance in defining the corporate structure of the Indian subsidiary, providing guidance on the shareholding model, keeping in mind the existing legal framework in India;
  • Assist in creating the board of directors to manage the subsidiary once it is incorporated;
  • Preparation of the Shareholder's agreement;
  • Drafting of branch charter documents;
  • Drafting of other documents necessary for incorporation and assistance on formalizing the compliance procedures to be undertaken;
  • Continuous support with back-end services pertaining to administrative, HR and tax issues from Octagona India.

The results obtained

Thanks to the support of Octagona

  • A company Fiori Concrete Machines India Pvt. Ltd. based in Chennai;.
  • For one year, the Indian company was supported by the Octagona team in administrative, legal and corporate.

Customer feedback

Mauro Pellicciari, CEO of Fiori Group:

“India represents a strategic market for our Group, and with this operation we intend to offer greater proximity and support to our local customers. In this regard, I would like to highlight the role played by Octagona, which was fundamental in fulfilling regulatory obligations, approaching local interlocutors and implementing the steps necessary for the startup of the new company would have beenimpossible without the assistance of an experienced, flexible team that is physically present in the field.”

CONTACT US

Headquarters tel. +39 059 9770184

ARE YOU INTERESTED IN OUR SERVICES?

Other case studies

ALL SUCCESS STORIES

OCTAGONA IN THE SCANDINAVIAN MARKET FOR

Diesse Diagnostica Senese S.p.A.

Diesse Diagnostica Senese SpA is a company engaged in the production of in vitro diagnostic systems.

OCTAGONA IN THE UNITED ARAB EMIRATES FOR

Pierpaoli S.r.l

Pierpaoli S.r.l is a family business that has been engaged in the production of household cleaning products since 1939, the