Nice S.p.A. (BIT:NICE) acquired Fibar Group sp. z o.o. for €63 million on July 12, 2018. In addition to the purchase consideration of €63 million, sellers may receive additional consideration through an earn-out mechanism linked to the performance of Fibar Group in the years 2019, 2020 and 2021. Fibar Group generated revenues of around PLN 114 million (€27 million) in 2017. Banca IMI acted as financial advisor and Alberta Figari, Francesca Casini, Giulio Pezzi Guarnati, Wojciech Polz, Karol Kulhawik, Aleksandra Wlaszczuk, Konrad Rominkiewicz, Luciano Di Via and Francesca Zambuco of Clifford Chance acted as legal advisor to Nice S.p.A. Pawel Dynowski, Adam Ziólkowski, Monika Kic, Rafal Kowalski, Konrad Gawdzik and Beata Bergman of BDO LLP acted as financial advisors to Nice S.p.A Nice S.p.A. (BIT:NICE) completed the acquisition of Fibar Group sp. z o.o. on July 12, 2018.