Fondo Italiano d’Investimento acquires minority stake in RINA

Fondo Italiano d’Investimento has completed its incorporation into the shareholder structure of RINA, a multinational inspection, certification and engineering consultancy company.

The agreement includes a capital investment of up to €180m, structured as equity. As part of the share distribution, Registro Italiano Navale will maintain a majority stake, while Fondo Italiano d’Investimento and other co-investors led by it will acquire a minority interest up to 33 per cent. Additionally, the company’s management will hold about 3.5 per cent stake in the capital.

Concurrently, a new board of directors of RINA has been established. Carlo Luzzatto has been formally appointed the CEO and general manager of the company. Ugo Salerno remains in his role as the executive chair, with responsibilities for communication and institutional relations.

“We are particularly happy and proud to be able to actively contribute to a phase of further growth and evolution of RINA,” says Davide Bertone, CEO of Fondo Italiano d’Investimento. “The company will increasingly play an international leading role in engineering and the certification of many sectors that are central to the technological transition”.

Ugo Salerno, executive chair of RINA, adds: “I am confident that the phase we have just embarked on will open us up to new challenges, allowing us to achieve even higher levels of excellence. I believe that Carlo Luzzatto is the right person to carry forward this plan.”

Carlo Luzzatto, CEO and general manager of RINA, says: “I am thrilled and excited to become part of this company with its fascinating history, which also brings me back to my hometown.

“The pursuit of innovation, combined with a drive for digitalisation, will be the cornerstone of RINA’s future success”.

The board of directors of RINA is now composed as follows: Nazareno Cerni, Aldo Di Bernardo, Gianpaolo Di Dio, Simonetta Di Pippo, Emanuele Grimaldi, Carlo Luzzatto, Roberto Martinoli, Paolo Pierantoni and Ugo Salerno.

Main image: David Bertone, CEO of Fondo Italiano d’Investimento (left) and Ugo Salerno, executive chair of RINA.