# Addtech acquires Nuova Elettromeccanica Sud S.p.A.

Addtech Energy, a business area in the Addtech Group, has signed an agreement to acquire 100% of the shares of Nuova Elettromeccanica Sud S.p.A. (NES), a developer and manufacturer of equipment for electric transmission lines and substations based in Rome, Italy.

- Type: Acquisition
- Announced: 2024-06-03
- Where: Rome, Italy, Italy
- Status: completed
- Products: equipment and components for electric transmission lines and substations
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Addtech](https://endata.com/companies/6928.md) (acquirer)
- [Nuova Elettromeccanica Sud](https://endata.com/companies/77820.md) (target)
- [Romani Components Srl](https://endata.com/companies/78500.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/addtech/r/addtech-acquires-nuova-elettromeccanica-sud-s-p-a-,c3994164), 2024-06-03: "Addtech Energy, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Nuova Elettromeccanica Sud S.p.A."
- [view.news.eu.nasdaq.com](https://view.news.eu.nasdaq.com/view?id=bc36b0798e1c4b0f8afcb34cd40690088&lang=en&src=listed), 2024-07-09: "Romani will become part of and complement our operations within the Motion & Drives business unit and strengthen our position in the European market."

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