NEXTCHEM (MAIRE) to acquire 100% of Ballestra Group, composed of Ballestra S.P.A. (Italy), Buss Chemtech Ag (Switzerland) and Ballestra Engineering and Projects Pvt (India), with approximately 450 emp
Italy, Dec. 24 -- MAIRE (MAIRE.MI) announces that NEXTCHEM has signed a binding agreement to acquire the entire share capital of BallestraGroup ("Ballestra"), a global leader in the licensing, design and engineering of processing plants, as well as the supply of proprietary technologies and equipment for the chemical industry.Founded in 1960 and headquartered in Milan, Ballestra S.p.A. is the holding of a group of companies comprising BUSS ChemTech AG (Switzerland) and Ballestra Engineering and Projects Pvt. Ltd (India). Ballestra Group operates in over 120 countries with approximately 450 employees and offices in Europe and Asia, serving a well-established base of blue-chip clients supported by a proven track record of over 6,400 plants in...
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