NextChem to acquire Ballestra Group from DB Finanziaria, Kartesia and Farallon Capital Management for €126.5m.

NextChem, a company dedicated to sustainable technology solutions, agreed to acquire Ballestra Group, a strategic partner in the design and production of advanced process plants for the detergents, surfactants , soap, inorganic chemicals, and fertilizers industries, from DB Finanziaria, an Italian joint‑stock company engaged in corporate management, Kartesia, an asset manager, and Farallon Capital Management, an investment management firm, for €126.5m. The acquisition of Ballestra Group brings a robust portfolio of proprietary technologies that further expand NEXTCHEM’s value proposition in the chemical and fertilizer sectors adding in its portfolio new adjacent products entirely covering the potassium, nitrogen, sulphur and phosphate segments and supporting electrification, recycling, emissions reduction and energy efficiency, while creating cross-selling opportunities with MAIRE’s IE&CS division, leveraging Ballestra Group’s strong track record.