ATB Riva Calzoni S.p.A. acquiresHydro Energia S.r.l.

Friday, 25 November 2016

ATB Riva Calzoni S.p.A., a leading national and international company in the supply of equipment for the energy sector announces today the acquisition of the company Hydro Energia S.r.l.

ATB acquires Hydro Energia

ATB Riva Calzoni S.p.A., a leading national and international company for the supply of process equipment for Oil & Gas plants and hydromechanical equipment for hydroelectric plants, today announced that it has completed the acquisition of 100% of the share capital of Hydro Energia Srl from PFH (formerly Palladio Finanziaria S.p.A.).

The operation is part of the strategic project of development and diversification pursued through the internationalization and acquisition of technologies that will allow the ATB Riva Calzoni Group a continuous growth in the reference markets, in this specific case in the renewable energy sector.

Hydro Energia offers an excellent opportunity to invest in an excellent company, which has a solid history in the Small Hydro sector of design, construction and installation of water turbines for small and medium hydroelectric production plants, with important references in Italy and abroad.

"Over the last few years we have analyzed numerous investment opportunities in the sector, Hydro Energia has all the characteristics required in terms of technical and technological capacity and product quality which, combined with the international network and manufacturing capabilities of ATB Riva Calzoni, can offer multiple opportunities for growth in a rapidly developing sector" said Sergio Trombini Chairman of ATB Riva Calzoni S.p.A.

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