29th February 2016
Foglia & Partners tax advisor of the new group Banjay
Foglia & Partners, tax and legal consulting firm, operational since 1st January 2016 with a team of seven professionals of recognized expertise and still evolving, has been appointed tax advisor of the new group Banijay.
The tax firm Foglia & Partners, with a team composed of Giuliano Foglia, Matteo Carfagnini and Sara Paparella, will deal with the Italian tax aspects related to the reorganization of Italian activities of the group resulting from the merger.
The new group Banjay was born from the merger between the TV production company Banijay and Zodiak Media Group and, with a turnover of approximately $1 billion, the Group is now the fourth player in the global industry and the world’s first independent production and distribution company.
The merger between Banjay and Zodiak was announced in July 2015 with the conclusion of the terms to join catalogues and productive units of the two companies, completed on 23rd February after the merger has been approved by the European Commission.