Fincantieri announced today four acquisitions with the aim of to create the first vertically integrated diver operator composed of eight leading companies in their respective activities able to orchestrate integrated end-to-end solutions throughout the the value chain in a synergistic way, from hardware to software and telecommunications, from the supply of underwater means to the provision of services, benefiting from cross-selling, development joint products, economies of scale and scope, accelerating the Underwater segment strategy indicated in the business plan of the company.

In particular, Fincantieri has entered into agreements relating to the acquisition of Next Geosolutions, WSense, Graal Tech and Defcomm, Operations that will expand the Group's presence and expertise in the areas of services specialized in marine surveys and geosciences and in support of marine constructions, technologies owners of underwater and surface unmanned drones, and Wireless communication systems for the Internet of Underwater and which follow the acquisition and integration of WASS in 2025 and Remazel in 2024.

Next Geosolutions, a company listed in the Euronext segment Growth Milan is one of the leading companies at the in the field of surveys and marine geosciences and in offshore construction support services. Wsense, Grail Tech and Defcomm are specialized Italian high tech scale-ups, respectively, in the field of underwater communications and of the Internet of Underwater Things, autonomous underwater drones and in autonomous surface drones.

The first phase of these operations involves an outlay of approximately 600 million euros which will be financed with the resulting from the capital increase via ABB of 500 million euro successfully completed last February, transaction resolved by the shareholders' meeting in 2024 and conceived to support the group's inorganic growth, and through other available sources of the group. At a later date - he announced Fincantieri - a public offer of purchase of NextGeo's residual capital to be financed with available sources of the group.

The structure of the four operations provides for the permanence of the key managers/shareholders through the reinvestment of shares significant in the capital of individual companies, ensuring Industrial continuity and enhancement of skills distinctive features, a fundamental element for the execution of the growth shared with each company.

Fincantieri highlighted that with these acquisitions positions itself as an international champion of underwater by bringing together under a single garrison, made up of about 1,500 professionals highly qualified, with offices in Italy, the United Kingdom, the Netherlands, Norway and the United Arab Emirates. The four acquired companies will become part of the Fincantieri diving hub that will have the task of coordinating the development of synergies of product and market, also through integrated solutions for the unconventional underwater.

The Italian company emphasized that its segment underwater, which in 2025 recorded revenues of 667 million euro and accounted for 6.7% of revenues on the group's portfolio, is set to grow at a significant pace with revenues pro-forma 2026, also thanks to acquisitions, above 1.1 billion euros and EBITDA, amounting to approximately 220 million euros, bringing forward the revenue and EBITDA target by four years Underwater planned for 2030 in the 2026-2030 business plan. The new acquisitions also contribute to the group's profit for over 60 million euros. Fincantieri expects revenues to 2028 will reach €1.4 billion to reach €1.8 billion euros by 2030. The UW EBITDA margin, pro-forma for acquisitions, grows to 19.2% in 2026, and is expected to reach 21% in 2026. 2028 to reach 23% in 2030. By 2030, the contribution of the Acquisitions to the Group's net profit will reach approximately 130 million euros.

"Today's transaction - commented the administrator delegate of Fincantieri, Pierroberto Folgiero - represents a historic industrial transformation for Fincantieri, which creates a international champion of the underwater, thanks to the complete integration along the value chain of technologies, skills and operational capabilities. These acquisitions also allow us to to accelerate the implementation of the business plan, strengthening in profitability and enhancing a market booming, where the dual-use component is intended for to become more and more relevant. We have also chosen to enhance the industrial continuity of the companies acquired while maintaining existing management teams, because We believe that skills and execution are an essential element of the growth of the group".