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Fincantieri M&A Activity 2023

Dec 27, 2023

4085_tar_2023-12-27_875414c4-5f5b-409d-9808-ef2a9d4ac07a.pdf

M&A Activity

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Informazione
Regolamentata n.
1616-85
Data/Ora Inizio Diffusione
27 Dicembre 2023 07:39:07
Euronext Milan
Societa' : FINCANTIERI
Identificativo Informazione
Regolamentata
: 184854
Nome utilizzatore : Dado
Tipologia : 2.2
Data/Ora Ricezione : 27 Dicembre 2023 07:39:07
Data/Ora Inizio Diffusione : 27 Dicembre 2023 07:39:07
Oggetto : FINCANTIERI signed a contract for the
acquisition of Remazel Engineering S.p.A.
Testo
del
comunicato

Vedi allegato

PRESS RELE Trieste, December 27,

FINCANTIERI SIGNED A CONTRACT FOR THE ACQUISITION OF REMAZEL ENGINEERING S.P.A.

Fincantieri S.p.A., within the frame of the strategic development project in the Subsea and Marine Energy segments, signed an agreement for the acquisition of the entire share capital of Remazel Engineering S.p.A. ("Remazel") from Advanced Technology Industrial Group S.A. The rationale and the main terms and conditions of the acquisition have already been made known by a communication released on 1 December 2023, which also included information about Remazel.

The acquisition, fully financed through Fincantieri's own resources, is expected to be closed by the first quarter of 2024. Closing of the acquisition shall be subject to conditions precedent in line with market practice for this type of transactions.

Fincantieri is one of the world's largest shipbuilding groups, the only one active in all high-tech marine industry sectors. It is leader in the construction and transformation of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems.

With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing 10,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating in four continents and with almost 21,000 employees.

www.fincantieri.com

1

in of to

FINCANTIERI Press Office Investor Relations Tel. +39 040 3192473 Tel. +39 040 3192111 [email protected][email protected]

Fine Comunicato n.1616-85 Numero di Pagine: 3
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