Movinter, a company controlled by RedFish LongTerm Capital and already a leader in the railway sector, has finalized an agreement for the acquisition of 100% of Saiep S.r.l., a Ligurian company specialized in the production of electronic and electromechanical systems for the railway market.

This strategic move is part of Movinter’s expansion plan in the Aerospace, Rail & Navy sectors and strengthens its market position. The integration of Saiep — with a 2023 turnover of 16 million euros and a history of success since its foundation in 1976 — creates a consolidated group with a turnover of approximately 57.5 million euros and a presence across three continents.

The acquisition has been enthusiastically welcomed by the leadership of both companies. Simone Lo Giudice, CEO of Movinter, emphasized how Saiep completes a unique industrial strategy in Europe. “In just 12 months, we have managed to build a group of three historic Italian companies, with over 400 employees,” he stated.

Paolo Pescetto, President of Movinter, also confirmed the strength of the project: “This acquisition lays the foundation for our industrial growth plan. Our goal is to maximize the technical expertise of these entities for the benefit of a rapidly expanding market.”

To ensure business continuity, Alberto Santi, founding partner of Saiep, will retain the role of General Manager and will lead the company into this new phase. “With Movinter, we are confident that the roots of Saiep will remain and grow for the benefit of the region and the people who have been part of it for over 50 years,” commented Santi, expressing his satisfaction with the agreement.