Sale of 100% of Fata S.p.A. completed

Finmeccanica announces today the closing of the sale to DANIELI Group of the 100 % of Fata S.p.A.

Rome  10 March 2016 19:00

Finmeccanica announces today the closing of the sale to DANIELI Group of the 100 % of Fata S.p.A., active in the field of industrial plant engineering, including its subsidiaries in USA (Fata Hunter), India (Fata Engineering), China (Fata Shanghai) and UAE (Fata Gulf). 

 

The stake in Fata Logistic Systems and some assets have been span off before the closing, through partial spin-off, and merged into Finmeccanica.

 

DANIELI has been selected by Finmeccanica as the best industrial partner for Fata, able to ensure the Company a successful long term positioning.