Translink Corporate Finance in Italy, with a team led by CEO Matteo Paggi, acted as the financial advisor to Incico S.p.A. on the acquisition of Cogenera S.r.L, an engineering company based in Castenedolo (Brescia), which specialises in hi-tech building systems with a focus on energy efficiency.

The decision to focus on Cogenera is part of Incico’s medium- to long-term strategy, led by key shareholders Olivier Severini and Giovanni Monini. The acquisition is aimed at increasing the company’s expertise in renewable energy and environmental sustainability through targeted synergies with established companies in the sector. The addition of Cogenera marks a new step in the Incico group’s roadmap to become a world-class player in sustainable engineering. With overall group turnover of EUR20 million and more than 250 specialised engineers, operations are located in Italy, India and the Middle East.

Incico, as a leading player in Italy for the design of industrial and next-generation plants, will bring its international-level expertise, evidenced by the more than 200 projects implemented over the past 20 years in 50 countries around the world.

Cogenera has extensive expertise on consulting and feasibility studies, which includes energy efficiency, for large technology power plants in the public and private sectors.  This capability will also enable it to create an integrated and multidisciplinary hub capable of tackling new challenges for next-generation plants.

Oliver Severini, CEO of Incico, said, “Today’s transaction confirms our desire to create a national champion that can offer 360-degree consulting in the design of sustainable and highly advanced engineering solutions. Cogenera is a reality that fits perfectly with our working philosophy and methodology, thanks to its multidisciplinary and environmentally-focused approach demonstrated in the projects implemented throughout the country.”

Matteo Paggi, CEO of Translink Corporate Finance Italy, said, “We are happy to have supported Incico in a deal that merges two champions in the sustainable engineering sector to create a major national player. The successful finalisation of the deal was possible thanks to the commitment and willingness of all the parties involved.”