Iren presents a binding offer for the acquisition of Egea’s assets and shareholdings
The offer, which confirms Iren’s interest, is based on a solid economic and industrial plan aimed at the growth and development of the Egea assets covered by the procedure, which provides for the integration of Egea into the operating model of the Iren Group.
This model is historically characterized by the valorization of the resources of the acquired companies, from a close involvement of suppliers and partners, from attention to communities and from the ability to invest in the territory. The operation is consistent with the strategic lines presented in the Iren Group’s 2030 plan.
Iren’s plan for Egea was conceived in a medium-long term perspective leveraging experience in integrating new companies into the Group’s business portfolio.
The synergies that can be achieved in network and free market services could be used to relaunch investments to create new development opportunities.
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