Investor Relations & Sustainability - Alessio Crosa
Email:investor.relations@salcefgroup.com- Ph: +39 06 416281
Press Release
Salcef Group: acquisition of Colmar Technik S.p.A. completed
Rome, 1 August 2023 - Following what already communicated on 26 June 2023, Salcef Group S.p.A. announces the closing of the acquisition of Colmar Technik S.p.A. ("Colmar").
The closing took place after the fulfillment of the conditions precedent included in the preliminary agreement as well as after the positive outcome of the due diligence process.
Within the Group, the contribution of Colmar will be consolidated in the Railway Machines Business Unit. This press release is available on the Salcef Group website https://www.salcef.com, in the Investor
Relations/Price Sensitive Press Releases section.
The Salcef Group has been operating for over 70 years in the development and innovation of sustainable mobility infrastructures. It is a global player in the maintenance, renewal, construction and electrification of railway and urban transport infrastructure, as well as in the construction and sale of railway machines and the production of reinforced concrete structures. Maintenance and renewal of railway and urban infrastructure form the core business and account for 71% of volumes. Established in 1949, Salcef has been controlled by the Salciccia family since 1975 and it is currently led by brothers Gilberto and Valeriano Salciccia, in the roles of Chairman and Chief Executive Officer respectively. The Group has 7 Operative Business Units and is present on 4 continents. It employs more than 1,900 highly specialized resources and in 2022 recorded revenues for 565 million euro. The Salcef Group is based in Italy and since October 2021 is listed on the STAR segment of the Euronext Milan market of the Italian Stock Exchange (Borsa Italiana: SCF; Reuters: SCFG.MI; Bloomberg: SCF:IM).
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Salcef Group S.p.A. published this content on 01 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2023 11:44:14 UTC.