Somec, finalized the purchase of Gino Ceolin through Mestieri

Somec finalized the purchase of Gino Ceolin through Mestieri

(Tiper Stock Exchange) – Someca company listed on Euronext Milan and active in the implementation of naval and civil projects, has completed the acquisition of 60% of the share capital of Gino Ceolinthrough your own direct subsidiary Mestieri. It is a company specialized in the creation of customized metal works for exteriors and interiors intended in particular for the retail, hospitality and high-end residential sectors.

The operation was announced on December 20, 2022 and on the provisional consideration is equal to 1.3 million euros. The remaining 40% of the share capital is bound to put and call option rights, exercisable within 90 days of the approval of the financial statements as at 31 December 2026.

The operation was entirely financed through available credit lines di Mestieri, the division of the Somec group dedicated to the design and creation of customized interiors.

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