Announced

Completed

CVA completed the acquisition of majority stakes in Renewable Technical Solutions, Sharenergy / Nuova Energia and RS Service for €46m.

Synopsis

CVA, a construction engineering company, completed the acquisition of majority stakes in Renewable Technical Solutions, Sharenergy / Nuova Energia and RS Service, three Italian energy services firms, for €46m. "With the three announced acquisitions, one of the external growth objectives to strengthen CVA's positioning in the energy efficiency sector has materialized. We look with optimism at the development prospects in the sector and, for the period 2024-2027, we expect particularly significant economic performances, with the generation of an EBITDA of €16.9m in 2027," Giuseppe Argirò, CVA CEO.

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