Livingstone acted as technical advisor to GF Group in the successful court approval of its debt restructuring agreement under Article 182-bis of the Italian Bankruptcy Law.
Headquartered in Albenga (Savona), GF Group – also known as Fratelli Orsero – is a leading player in the Mediterranean fresh produce market. With a network of over 1,500 suppliers across more than 70 countries, the Group oversees the full value chain, from sourcing and logistics to ripening, distribution, and marketing. GF Group generates annual revenues of approximately € 1 billion.
The restructuring plan was supported by the Group’s lending banks and has now received official court approval. The agreement allows GF Group to secure business continuity, maintain its operational structure, and preserve employment levels, while laying the groundwork for a long-term financial and strategic relaunch.
“This transaction demonstrates our ability to support companies not only during growth, but also in moments of financial complexity,” said Luca Maccagnani Castelli, Managing Partner at Livingstone. “We are proud to have contributed to the stabilization and relaunch of a historic enterprise such as GF Group.”
This case underscores Livingstone’s multidisciplinary expertise in guiding companies through complex financial restructurings, combining legal, technical, and strategic capabilities to support long-term business sustainability.
