Maire Tecnimont, a leading international industrial group in the transformation of natural resources, announced the purchase of a 83,5% share of Roman society keep, with the option to add the remaining 16,5% within the next three years.
With this operation, which will close in mid-April, Maire Tecnimont – controlled by Glv Capital of Fabrizio Di Amato, through his Next Chem Holding – thus enters "the markets of technologies for high added value derivatives and biodegradable plastic intermediates" says a note from the company, specifying that the closing of the operation is scheduled for mid-April next. Conser has been involved in proprietary technologies and process engineering for more than 50 years under the guidance of Flavio Simola, with total revenues expected for 2022 of approximately 25 million euros.
Il title Marie Tecnimont in Piazza Affari it is at the highs for the period and the upward trend continues. In recent weeks, the breaking of the highs of November 2022 at 3,26 euros and the breaking of the highs of June 2022 in the 3,40 euro area have further improved the uptrend, technical analysts say. This morning it was 3,53 euros, up 0,40%.
“This important step allows the Maire Tecnimont group to broaden its technological portfolio in the area of sustainable chemicals” he said Alessandro Bernini, managing director of the Maire Tecnimont group which also has a share of the Spanish companies in its capital Cobas Asset Managementt (4,938%) and of the Arabs of Ardeco with almost 5%. Last November Maire Tecnimont inaugurated a new plant for the circular economy in Abu Dhabi.
Maire Tecnimont strengthens itself in the polymer sector
Flavio Simola, sole director and major shareholder of Conser, this is an "extremely interesting operation as it will allow the expansion of both technological development activities and international commercial ones".
With this strategic acquisition, underlines the note, Maire Tecnimont further strengthens its leadership in the polymer sector adding to your technology portfolio land technologies for biodegradable plastics intermediates and for chemical specialties value-added, aiming to combine them with its integrated project execution capability, while leveraging its international commercial network.
What is Conser's business
Conser can count on a portfolio of technology patents diversified dedicated to energy transition and to processes for fine chemicals with high added value. The portfolio includes flexible and cost-effective technologies for maleic anhydride, butanediol and dimethyl succinate, which are key elements for the production of biodegradable plastics, in particular polybutylene succinate and polybutylene adipate co-terephthalate. Conser's portfolio also includes technologies for carriers of liquid organic hydrogen, fine chemistry for the production of lithium batteries e bio-based derivatives (vegetable glycerin).
Conser was assisted in the operation by Fai Advisory and by the Foschiani law firm of Rome, while for Maire Tecnimont the operation was managed by the group's legal and M&A team.
