Greenway Group is looking for financial partners for growth abroad

Greenway Group is looking for financial partners for growth abroad

(Tiper Stock Exchange) – Greenway Groupholding company owned by the Molinari family and active in maintenance along transport infrastructures, is ready “to open its capital for a share not exceeding 49% to financial and/or industrial partners”. This was declared by the founder Valerio Molinari, explaining that this can “allow, in particular to the subsidiary Ecogest, to accelerate its growth processes, above all on the North American markets”.

Meanwhile, the shareholders’ meeting of Greenway Group communicated thethe entrance of Camilla Molinari, second daughter of the family, in the shareholding through the purchase of 7.50% of the company shares. The Molinari family owns all the shares of the Ravenna group.

The assembly also approved the 2022 budget of Ecogestsubsidiary of the group and leader in Italy in road and motorway green maintenance, which sees again growth trend confirmed of the company with a +6.6% EBITDA and a +29% profit compared to the 2021 financial statements.

Ecogest registered in 2022 a turnover of 12.6 million euro, an EBITDA of 1.4 million euro (11% of turnover) and a net profit of over 440 thousand euro.

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