M&L Consulting Group's participation in the Industria Felix event in Naples on May 14th, 2026

Naples, 14 May 2026 – M&L Consulting Group took part in the 71st edition of the Premio Industria Felix – L'Italia che compete, held at Città della Scienza and co-organised with the Campania Region. The event recognised 86 Campania-based companies that have distinguished themselves for competitiveness and reliability.

During the event, Ms Veronica La Gattuta, representing M&L Consulting Group, shared key insights on M&A and generational transition.

In her first speech, Ms La Gattuta examined the main pitfalls to avoid for entrepreneurs planning Mergers & Acquisitions transactions aimed at bringing new investors into their companies. She stressed the importance of approaching investors with clear governance, well-segregated business units, a separately held real estate portfolio and orderly contractual arrangements: factors that not only enhance the perceived value of the business and facilitate its sale, but also ensure more efficient and less risky day-to-day management. She further highlighted how a corporate group reorganisation can unlock tax benefits such as the participation exemption and the dividend exemption, as well as the option to elect for group VAT, allowing the offsetting of VAT credits across the different companies of the group.

In her second speech, the focus shifted to generational transition. Ms La Gattuta emphasised the need to conduct a tailored analysis for each company, moving away from standardised solutions. Among the tools available to access the full tax exemption introduced by Article 3, paragraph 4 of the Italian Inheritance and Gift Tax Code (TUS), she proposed the family pact (patto di famiglia) and the trust. The former allows the definitive and immediate transfer of the business or its shareholdings to the heirs, while compensating those forced heirs who are not interested in continuing the business. The latter, on the other hand, makes it possible to entrust the administration of an individual's assets to another party, while leaving open the possibility of applying entry taxation, i.e. taxation only at the time of the transfer into the trust.

Following her interventions, Mr Federico Pace, Senior Consultant at M&L Consulting Group, took the floor to underline the importance of adopting strategic and tax-driven solutions capable of ensuring business continuity and stability over the long term, while optimising asset management and generational transition.

Participation in the Premio Industria Felix further strengthened the commitment of M&L Consulting Group and Studio Locatelli & Associati to supporting businesses through cutting-edge strategic, tax and corporate solutions, with a view to fostering competitiveness and innovation in today's economic landscape.