# TICA acquires Sebigas in Italian renewables market

Chinese group TICA, through its Italian subsidiary Tica-Exergy Srl, has acquired the operating business of Sebigas srl, a biogas plant design and construction company, for a total of €840,168 in a court auction. Sebigas will be based in Olgiate Olona.

- Type: Acquisition
- Announced: 2020-08-20
- Where: Olgiate Olona, Italy
- Value: $1.00M (840K EUR)
- Status: completed
- Products: biogas plants
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TICA](https://endata.com/companies/34832.md) (acquirer)
- [Sebigas](https://endata.com/companies/49306.md) (target)

## Sources

- [energia-plus.it](https://energia-plus.it/il-gruppo-cinese-tica-acquista-sebigas-e-rafforza-la-sua-posizione-nel-mercato-italiano-delle-energie-rinnovabili_91983/), 2020-08-20: "Vincendo l’asta svoltasi il 24 giugno scorso presso il Tribunale di Bologna il gruppo cinese TICA, attraverso la sua controllata italiana, Tica-Exergy Srl ha acquisito il ramo operativo di impresa di Sebigas srl."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.