Fincantieri completes the acquisition of 100% of Remazel

15 February 2024

Fincantieri announces that today it has completed the acquisition of the entire share capital of Remazel Engineering S.p.A. ("Remazel") from Advanced Technology Industrial Group S.A.. As per the terms previously communicated, the price paid for 100% of the share capital is about 65 million euros.

 

The acquisition reinforces Fincantieri’s strategic focus in the Subsea and Marine Energy domains.

 

For further information on Remazel, the rationale and the main terms and conditions of the acquisition, please refer to the press release published on December 1, 2023.

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Fincantieri completes the acquisition of 100% of Remazel