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Announced

Navest to acquire 85% stake in Clean Service.

Synopsis

Navest, a holding company, agreed to acquire 85% stake in Clean Service, an operator in the cleaning, hygiene, and sanitation sector. Financial terms were not disclosed. "Joining Navest represents a significant development opportunity for us. We are joining a solid Group, with ambitious goals, a clear Business Plan, and a strategic vision that will allow us to further enhance the work done so far, strengthening our presence in the area. Finally, I would like to thank Gianfranco Lusuardi for having led Clean Service with passion and foresight for over 25 years of activity. To him, on behalf of myself and all our people, goes the most sincere gratitude," Antonio Morini, Clean Service General Manager.

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