MSIP-backed Finhold to acquire Salcef Group for €1.62bn.

MSIP-backed Finhold, a construction services company, agreed to acquire Salcef Group, an Italian company listed on the Euronext STAR Milan market, for €1.62bn. “We are very pleased to be partnering with MSIP - one of the largest player in the infrastructure space - that represents the best option to continue supporting the Group in the coming years. Leveraging on MSIP global franchise and expertise, with particular reference to the US market, we think the Group is now set to make a new step forward in its development and growth strategy. Thanks to the full continuity in terms of governance and management that will be granted by MSIP, all the employees will be able to benefit greatly from the international mindset and culture brought by MSIP. We would also like to thank all the investors that has believed in our project, helping the company to achieve outstanding goals over the last 5 years,” Valeriano Salciccia, Salcef Group CEO.