The shareholders of Tecnolab sold their shares to Socotec Italia
Tecnolab Srl is a company based in Ortona (CH) specialized in construction material testing and geotechnical services. Founded in 1993 as a testing and research laboratory for construction materials, products and processes, today the Company has acquired know-how and skills to meet the needs of large public and private customers. Tecnolab has been growing strongly over the last three years, reaching close to 7.0M€ of revenues in 2020 and employing more than 70 people, 60 of whom being highly qualified technicians.
Socotec Italia is part of the Socotec Group, an international leader in Test, Inspection and Certification services in the infrastructure sector with over 9000 employees worldwide and 900M € of revenues. Socotec Italia, which reached € 22 million in revenues in 2020, is specialized in the field of investigations and tests for the control and monitoring of large infrastructural works, has 5 offices in the Italian territory and a team of 400 geologists, engineers, chemists and technicians.
Tecnolab, which boasts a strong reputation on the market for its know-how and quality of service, will make a decisive contribution to Socotec Italia’s ambitions to become the undisputed leader in test and inspection services in the Italian infrastructure market with know-how state-of-the-art and innovative solutions in a current and future context of significant infrastructural investments by the Italian State.
Cavour Corporate Finance assisted the share holders of Tecnolab in the transaction as financial advisor. The deal was assisted by Cavour partner, Barbara Grieco