DBA Progetti will acquire S.J.S. Engineering, society specialized in the planning of harbour works



The DBA Progetti, society entirely controlled from group DBA of Treviso, has reached an agreement for the purchase of 51% of the quotas the share capital of society S.J.S. Engineering Srl, company of Rome that currently is engaged in the planning, assistance to "procurement" and the direction works of the port of Dammam, in the Reign of Saudi Arabia, as well as in many projects for the main Italian Harbour Authorities.

The understanding previews that, successively to the approval of the SJS budget on December 31, 2021, DBA Progetti engagements to be acquired from the current associates having remained 49%. The operation is subject to the positive outcome of the activities of two diligence and to the verification of some suspensory conditions.

In the 2016 S.J.S. Engineering has recorded a turnover of beyond three million euros and an EBITDA adjusted of about 800 thousand euros. In the exercise 2017, whose budget is in phase of approval, the society previews numbers online with the trend of 2016. Between the main customers of S.J.S. Engineering figures some between greater groups of the world-wide logistics which: TO Delta, HPH, MSC and Evergreen. DBA Progetti and S.J.S. Engineering develops a turnover of 23 million euros, 33 ports together customers, they are you anticipate in 10 Countries and count altogether on 510 professionals.

The president of DBA Progetti, Raffaele De Bettin, has emphasized that the acquisition represents "the natural prosecuzione of the already existing collaboration between the two societies. In fact - he has explained - Michelangelo Lentini, S.J.S founder. Engineering Srl, will enter to take part of the board of directors of DBA Progetti Spa and will assume the responsibility of the business unit Trasport & Logistic - Sea and Dry Port, putting on its pluriennale experience on ports and to interpose to you. This operation - it has still evidenced De Bettin - is coherent with the industrial plan, indeed of it accelerates the performance integrating these competences to those already you anticipate in the group, returning it the only national subject in a position to offering to own customers of the harbour field with suit of the services of INFORMATION AND COMMUNICATION TECHNOLOGY, project management and engineering to support of the life-cycle of infrastructures".

"We are enthusiastic - Michelangelo Lentini has declared - for the opportunity that is offered us: to not only become a member a group that will allow us to compete to international level with the greater players of the field but, above all, in order to make an ulterior step towards integration between the traditional engineering and the innovation tecnology, of which the DBA Group Spa he is leader".