Fincantieri, through its subsidiary company Delfi, signed an agreement for the acquisition of a stake in Isselnord, an Italian company operating in all Defense-related sectors and in the main industrial branches in the civil sector, specialized in logistic support engineering, maintenance and information technologies. The initial transaction is for a majority stake in the company, with full takeover to be completed within a pre-determined time frame, the company said in its press release.
The agreement falls within the development of the Naval Services business, also through the offer of life cycle management services of complex systems, from the beginning to final stage.
Delfi, created in 2008 in joint venture with Isselnord, is a Fincantieri company, charged with the development of logistic support engineering and maintenance activities related to orders in the naval sector.