Announced

Seta Holding to acquire a 85% stake in Sebino.

Synopsis

Seta Holding, an investment company, agreed to acquire a 85% stake in Sebino, a company that designs, develops and installs security and fire alarm systems. Financial terms were not disclosed. "I am very pleased with the preliminary agreement reached with the new investors. After complex years for the Italian economy, characterized by the spread of the Covid-19 epidemic, rising costs of raw materials and energy, the conflict in Ukraine, and, most recently, the sudden increase in interest rates, I am confident that the path ahead can present Sebino with new challenges, but also new opportunities that, with the spirit that has always characterized us, we are determined to seize with even greater strength," Gianluigi Mussinelli, Sebino CEO.

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MergerLinks - Seta Holding to acquire a 85% stake in Sebino.