Movinter, part of the RedFish LongTerm Capital group, has completed the acquisition of 75% of Six Italia, a Genoese company specializing in fire protection systems, soundproofing, and flooring for the naval and railway sectors.
This move is part of Movinter’s growth strategy aimed at expanding into the Aerospace, Rail & Navy markets. With this new acquisition, Movinter aims to strengthen its offering and improve its competitiveness in the global market, positioning itself better with major global manufacturers.
The deal, valued at 1.8 million euros, further strengthens the group, bringing RedFish LongTerm Capital’s proforma consolidated turnover to over 41 million euros by the end of 2023.
The new Board of Directors of Six Italia, led by President Paolo Pescetto, will see the previous owner, Fabio Raffaghello, confirmed as CEO, demonstrating continuity and trust in the existing management. Fortunato Guida will also continue to play a key role as CEO of the Naval Business Unit.
