Valvitalia Acquires 100% of Eusebi Group

Source: www.gulfoilandgas.com 5/7/2015, Location: Europe

Valvitalia, a company participated by FSI Fondo Strategico Italiano, have signed yesterday the acquisition of 100% of the capital of Eusebi Group, a leading manufacturer of Fire Fighting Systems for the naval, civil, railway and Oil & Gas industries.

Headquartered in Ancona and with 3 additional plants in Russia, Poland and Kazakhstan, Eusebi employs 250 people and have a turnover of 60 million euros.

This acquisition follows the recent one of Silvani completed by Valvitalia last December 2014 and, thanks to these two historical brands, it gives the opportunity to Valvitalia to become the Italian leader and one of the most important in Europe, manufacturer of Fire Fighting Systems and equipment.

As agreed by the shareholders, Ruggeri Family (50,5%) and FSI Fondo Strategico Italiano (49,5%) the growth of Valvitalia Group is proceeding through acquisitions and the great results achieved during first quarter 2015. Valvitalia have been recently admitted to the Milan Stock Exchange Elite Large Corporate Program and have started to prepare itself to a forthcoming listing.

Valvitalia was advised by BANCA IMI, Unicredit, Gianni, Origoni, Grippo, Cappelli & Partners, CBA Studio Legale e Tributario and Ernst & Young.


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Related Categories: Fire Fighting Houses  Fire Fighting Vehicles & trucks  Fire Protection & Suppressing Equipment  Gas Detection equipment  General  Life Saving Equipment at sea  Portable Extinguishers  Pressure Relief & Rupture Devices  Safety Equipment/Supplies  Security Control Equipment  Spill Control Equipment  Surveillance Equipment  Tubular Inspection Equipment 

Related Articles: Fire Fighting Houses  Fire Fighting Vehicles & trucks  Fire Protection & Suppressing Equipment  Gas Detection equipment  General  Life Saving Equipment at sea  Pressure Relief & Rupture Devices  Safety Equipment/Supplies  Security Control Equipment  Spill Control Equipment  Surveillance Equipment  Tubular Inspection Equipment 


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