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18 March 2019 The on-line newspaper devoted to the world of transports 17:33 GMT+1

November 2, 2018

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Original news
DBA Progetti has perfected the acquisition of 75% of the S.J.S. Engineering

Option in order to obtain remaining 25% of the capital

DBA Progetti has announced to have perfected the acquisition of 75% of society S.J.S. Engineering, operation that was announced the slid spring(on 24 April 2018). The purchase has happened for a total price of 3,6 million euros, with the forecast of an ulterior adjustment of price carried out based on of the criteria defined in the agreement buying and selling picture on the base of the data budgetary to the closing and will be corresponded within the 10 of January 2019.

DBA Progetti has specified that the acquisition has happened appealing to a bank financing of three million euro and the duration 60 months and to a controlling financing of DBA Group for residual 0,6 million. DBA Progetti has right to acquire being remained 25% of the S.J.S capital. Engineering, option that will be able to exercise in the next few years.

"This acquisition - it has emphasized the president of DBA Group, Francesco De Bettin - in fact affords to the group to offer to the customers of the harbour field with suit of the services of INFORMATION AND COMMUNICATION TECHNOLOGY, project management and engineering to support of the life-cycle of their infrastructures".

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