Sesa-backed Var Group completed the acquisition of TRIAS Mikroelektronik.

Sesa-backed Var Group, a provider of added-value IT services, completed the acquisition of TRIAS Mikroelektronik, an offeror of software product solutions. Financial terms were not disclosed. “We are pleased to welcome TRIAS human resources to Sesa Group, with the aim at enhancing their skills and further enriching our offering in a leading manufacturing area as Germany, expanding our customer base and human capital. We will continue to boost our development path in human resources and digital skills in strategic development areas, driven by bolt-on industrial M&A and great organic growth capability, strengthening the Group internationalization and targeting long-term sustainable value generation for our stakeholders," Alessandro Fabbroni, Sesa CEO.