Valvitalia acquires 100 per cent of Eusebi Group

Submitted by Editorial on Wed, 2015-05-06 14:37

06th May 2015

Valvitalia, a company participated by FSI Fondo Strategico Italiano, have signed the acquisition of 100 per cent of the capital of Eusebi Group, a leading manufacturer of fire fighting systems for the naval, civil, railway and oil and gas industries

Valvitalia have been recently admitted to the Milan Stock Exchange Elite Large Corporate Program and have started to prepare itself to a forthcoming listing.

Headquartered in Ancona and with three additional plants in Russia, Poland and Kazakhstan, Eusebi employs 250 people and have a turnover of EUR 60m.

This acquisition follows the recent one of Silvani completed by Valvitalia last December 2014 and, thanks to these two historical brands, it gives the opportunity to Valvitalia to become the Italian leader and one of the most important in Europe , manufacturer of fire fighting systems and equipment.

As agreed by the shareholders, Ruggeri Family (50.5 per cent) and FSI Fondo Strategico Italiano (49.5 per cent) the growth of Valvitalia Group is proceeding through acquisitions and the great results achieved during first quarter 2015

Valvitalia have been recently admitted to the Milan Stock Exchange Elite Large Corporate Program and have started to prepare itself to a forthcoming listing.

www.valvitalia.com