Italy's Engineering sells two units to Accenture

17 Jun 2026 05:14PM

June 17 : Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture.

• No value for the transaction was disclosed.

• Alfahealth and Industries eXcellence respectively offer digital solutions for Italy's healthcare and industrial sectors.

• Together they accounted for about 18 per cent of Engineering's consolidated net revenues and 25 per cent of adjusted core earnings (EBITDA) in 2025.

• The transaction will help sharpen Engineering's focus on its core segments and further accelerate its fast-growing AI offering, the company said.

• Accenture said separately that the two acquisitions were part of its strategy of integrating software, data and AI to accelerate the competitiveness and transformation of Italy's strategic sectors.

• The transactions are expected to close in fourth quarter of this year, depending on antitrust and eventual Italian government approvals under "golden power" rules, among other conditions.

Source: Reuters