Innovatec S.p.A. completed the acquisition of 5.5% stake in Gruppo Green Power S.p.A. for €0.83 million.

Innovatec S.p.A. (BIT:INC) made an offer to acquire 12.9% stake in Gruppo Green Power S.p.A. (BIT:GGP) for €1.9 million on January 15, 2016.

Innovatec S.p.A. (BIT:INC) completed the acquisition of 5.5% stake in Gruppo Green Power S.p.A. (BIT:GGP) for €0.83 million on January 15, 2016. Post closing, Innovatec owns 56.54% stake in Gruppo Green Power.