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Hera Group has finalized the acquisition of 100% of STA and its subsidiaries (Sostelia Group) for €138 million. The deal makes Hera Italy's leading private player in water treatment, with over 1,200 treatment plants and 350 employees.
Hera Group signed a binding agreement to purchase 100% of STA and related stakes in Sostelia Group companies for an enterprise value of €138 million. The acquisition strengthens Hera's position in industrial and civil water treatment.