# Sesa's Var Group acquires 55% stake in German Smart Engineering

Sesa Spa announced that its subsidiary Var Group Spa signed a binding agreement to acquire a 55% stake in Smart Engineering GmbH, a German engineering software solutions provider.

- Type: Acquisition
- Announced: 2024-10-28
- Where: Buchholz in der Nordheide and Dillenburg, Germany, Germany
- Status: announced
- Products: Computer-Aided Engineering software solutions, FEM/CFD simulation software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sesa](https://endata.com/companies/73204.md) (acquirer)
- [Var Group S.p.A.](https://endata.com/companies/80716.md) (acquirer)
- [Smart Engineering GmbH](https://endata.com/companies/80717.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SESA-S-P-A-8253632/news/Sesa-Var-Group-take-over-55-percent-of-German-Smart-Engineering-48178694/), 2024-10-28: "Sesa, Var Group take over 55 percent of German Smart Engineering."

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