June 17 (Reuters) – Italian digital service company Engineering said on Wednesday it would sell \u200cits Alfahealth and Industries eXcellence units to \u200cglobal tech consulting company Accenture. <\/p>\n
\u2022 No value for the transaction \u200bwas disclosed. <\/p>\n
\u2022 A source familiar with the matter told Reuters the deal was worth around \u20ac900 million ($1 billion). <\/p>\n
\u2022 Alfahealth and Industries eXcellence respectively offer digital \u200csolutions for Italy’s \u2060healthcare and industrial sectors. <\/p>\n
\u2022 Together they accounted for about 18% of Engineering’s \u2060consolidated net revenue and 25% of adjusted core earnings (EBITDA) in 2025. <\/p>\n
\u2022 Engineering, jointly controlled by private \u200bequity firms \u200bBain Capital and \u200bNB Renaissance, reported a \u200c2025 adjusted core profit of \u20ac280.3 million. <\/p>\n
\u2022 The transaction will help sharpen Engineering’s focus on its core segments and further accelerate its fast-growing AI offering, the company said. <\/p>\n
\u2022 Accenture said separately that the \u200ctwo acquisitions were part of \u200bits strategy of integrating software, \u200bdata and AI \u200bto accelerate the competitiveness and \u200ctransformation of Italy’s strategic sectors. <\/p>\n
\u2022 \u200bThe transactions \u200bare expected to close in the fourth quarter of this year, subject to approvals from \u200bItalian antitrust \u200cand government authorities.($1 = 0.8627 euros) <\/p>\n
(Reporting by Elvira \u200bPollina and Mirko Miorelli. Editing by Alvise \u200bArmellini and Mark Potter) <\/p>\n","protected":false},"excerpt":{"rendered":"June 17 (Reuters) – Italian digital service company Engineering said on Wednesday it would sell \u200cits Alfahealth and…\n","protected":false},"author":2,"featured_media":25419,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17436,17506,17437,556,17505,5],"class_list":["post-25418","post","type-post","status-publish","format-standard","has-post-thumbnail","category-italy","tag-accenture","tag-consulting-company","tag-digital-solutions","tag-engineering","tag-industrial-sectors","tag-italy"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/posts\/25418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/comments?post=25418"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/posts\/25418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/media\/25419"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/media?parent=25418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/categories?post=25418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/italy\/wp-json\/wp\/v2\/tags?post=25418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}