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An update from MaireTecnimont SpA ( (IT:MAIRE) ) is now available.
NextChem, the sustainable technology arm of Maire, has signed a binding agreement to acquire 100% of Gruppo Ballestra, including Ballestra S.p.A. in Italy, BUSS ChemTech in Switzerland and Ballestra Engineering and Projects in India, in a deal valuing the business at an enterprise value of €108.3 million and a total consideration of about €126.5 million. The acquisition brings around 450 employees, a strong global customer base and a portfolio of proprietary technologies spanning sustainable fertilizers, surfactants and oleochemicals for FMCG detergents under the Mazzoni brand, fluorine derivatives and gas–liquid reactors for specialty chemicals, as well as processes for sulfuric and phosphoric acid and NPK nutrients. BUSS ChemTech adds expertise in fluorine derivatives such as hexafluorophosphate for solar cells, lithium-ion batteries and power grid gases, plus pyrolysis technologies for hard-to-recycle plastics, strengthening NextChem’s role in electrification, circular economy and decarbonization. The deal significantly broadens NextChem’s intellectual property and technology offering, completes its coverage of potassium, nitrogen, sulfur and phosphate fertilizers, and is expected to generate cross-selling opportunities with Maire’s Tecnimont engineering and construction unit in energy transition and materials transformation projects, while contributing an estimated €235 million in 2025 revenues and a year-end backlog projected at over €315 million. Completion of the transaction, financed through cash and existing credit lines, is expected in the first half of 2026, subject to customary conditions precedent.
The most recent analyst rating on (IT:MAIRE) stock is a Hold with a EUR13.50 price target. To see the full list of analyst forecasts on MaireTecnimont SpA stock, see the IT:MAIRE Stock Forecast page.
More about MaireTecnimont SpA
Maire Tecnimont, through its subsidiary NextChem, operates in engineering, technology and construction for the chemical, fertilizers and energy transition sectors, with a focus on proprietary process technologies, sustainable fertilizers, specialty chemicals and decarbonization solutions for industrial clients worldwide.
Average Trading Volume: 537,926
Technical Sentiment Signal: Buy
Current Market Cap: €4.29B
Find detailed analytics on MAIRE stock on TipRanks’ Stock Analysis page.