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22 November 2019 The on-line newspaper devoted to the world of transports 11:18 GMT+1

April 23, 2019

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Original news
Fincantieri has acquired a quota majority of the capital of Insis
The company is active in the fields of computer science and the electronics

Fincantieri has acquired a quota majority of the capital of Insis, society with center to Follo (La Spezia) active in the fields of computer science and the electronics. The navalmeccanico group has specified that the initiative is framed in the within of the potenziamento of own activities in the fields to high technological content and has specified that Insis, than is proposed as solution provider in the fields of the defense and of the civilian, numbers competences in order to develop produced and services in areas as the optronics, the telecommunications, information the technology and the cybersecurity, fields in which the society it is recognized for the high technological content of own produced ones and for being succeeded to maintain to a solid base customers in a complex and fragmented market.

In the 2018 Insis it has recorded revenues pairs to 51,7 million euros, with a forecast of strong increase for 2019. The company employs some 100 people altogether, 70% of which are specialistic engineers, system administrators and technicians. Emphasizing that this basin of competences is difficultly reperibile on the market or is sviluppabile internal single with particularly long times, Fincantieri has evidenced that this operation allows with the group of to have approached direct a basin of highly qualified resources, creating a center of excellence to highest technological content dedicated to engineering of the systems of defense, and at the same time it offers to Insis ulterior guarantees with respect to the development of the industrial plan, affording to the company to undertake important distances of increase and to ulteriorly increase own turnover.

"This acquisition - the managing director of Fincantieri has declared, Giuseppe Bono - is framed in the design of development of a pole of excellence of engineering and technology services, key sectors for the innovation, true pillar of the competitive ability, and it will allow us to increase competences that to already mark us, creating synergies to our inside. One joins moreover in the strategy to with companies consolidate a row of small-medium dimensions that will be coordinated in the pole, inside of which ognuna it will maintain own management, strengthening so that of our group".

Fincantieri has announced that the closing of the operation it will be subject to the customary conditions previewed for this type of operations let alone to the lacked exercise of the golden power by the Italian government and to the obtaining of the authorizations of the competent authorities.

Vincenzo Miele

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