Simic S.p.A., a leading Italian company in the design and manufacturing of high-tech integrated systems and solutions for the industrial, energy and scientific research sectors, has completed the acquisition of Progecta S.r.l., a long-established firm specialised in the design and manufacturing of industrial automation systems.

 

Simic holds a strong international presence and realizes a value of production of approximately €300 million.

 

Progecta, founded in 1991 in Alba (Cuneo), is one of Italy leading companies in the industrial automation and process control systems, mainly for food, chemicals, and cosmetics industries.

 

Thanks to this transaction, Simic and Progecta will combine their know-how, resources, and strategic expertise to strengthen their presence in domestic and international markets, to address growing technological challenges more effectively.

 

Excellence in process engineering, high quality standards and a constant focus on innovation will continue to be the key success factors of both companies, preserving their industrial heritage integrated into a vision of solid and structured growth.

 

Progecta founding partners will remain at the operational roles in the company.

 

The Sellers were assisted by Credem Euromobiliare Private Banking as exclusive financial advisor.