ROMA (ITALPRESS) – The Engineering Group has signed two binding agreements with Accenture for the sale of the entire share capital of Alfahealth S.p.A., which operates in the transformation of Italian health, and the Industries eXcellence Group, active in the development and realization of digital solutions for the industrial sectors, with main focus in the USA and in some European markets. The two assets total around 18% of consolidated revenues and 25% of the Adjusted EBITDA of the Engineering Group in 2025. “These operations are a significant step in the ongoing strategic transformation path, aimed at strengthening Engineering’s focus on its core segments and further accelerating the growing AI offering,” reads in a note. “The agreements are an important step in the refocusing of Engineering’s business: accelerating on AI, regaining new degrees of strategic freedom in higher growth segments also through the reduction of financial leverage, investing in the main proprietary platforms and strengthening us in the most attractive technological and industrial segments, to consolidate a sustainable competitive advantage for our customers,” says Aldo Bisio, CEO of Engineering Group. The operations are subject to the usual suspensive conditions, including, for example, the Antitrust and Golden Power authorizations, and are expected to end in the fourth trimester of the current exercise.The net proceeds of the sale, entirely on a cash basis, “will strengthen the Group’s patrimonial structure, offering greater flexibility to continue in the ongoing strategic transformation path – Engineering emphasizes. Following the positive financial results recorded in the last quarters, the Group continues in the direction taken, focusing on the strengthening of an industrial model focusing on more valued business mixes and the central role of the GenAI (Grative Artificial Intelligence). The recent launch of IS-IA (Italy’s Sovereign Intelligence Architecture), a modular architecture based on the LLLM (Large Language Model) owner EngGPT 2 to offer Public Administrations and companies a sovereign Artificial Intelligence: governmental, efficient, open and able to integrate with other generalist models.” Engineering was assisted by Rothschild & Co, Banca IMI, Morgan Stanley & Co. International plc and Equita as financial advisor, and by Legance – Associate Lawyers and Ropes & Gray Law Firm as legal advisor.
– Press Office Photos Engineering –
(ITALPRESS).
