Announced

21 Invest to acquire a stake in Trime from Wise Equity.

Synopsis

21 Invest, a private equity firm, agreed to acquire a stake in Trime, a firm engaged in the development and production of lighting towers for construction sites, mines and live events, from Wise Equity, a private equity firm. Financial terms were not disclosed. "This deal allows us to plan our long-term growth and support the investments necessary to execute the development project of Trime. In addition, it will enable us to renew and strengthen the group’s organization and production and to reach our goals, including our ESG plan," Paolo Tacconi, Trime CEO.

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