7-Industries to acquire a 11.3% stake in SECO.

7-Industries, a company that specializing in long-term minority investments, agreed to acquire a 11.3% stake in SECO, a company that develops and manufactures cutting-edge technological solutions, from miniaturized computers to fully customized integrated systems combining hardware and software. Financial terms were not disclosed. “We are enthusiastic about the deal with 7-Industries, a shareholder that will bring valuable know-how and network at an industrial and technology level. This transaction allows us to significantly reduce our financial leverage, providing the Board of Directors with significant resources to evaluate potential growth opportunities through acquisitions,” Massimo Mauri, SECO CEO.