STIM Tech Group acquires MESS Engineering Srl
An enrichment of our offer of expertise and services in designing and implementing advanced ICT solutions, integrating broadcast and communication, Audio Video and House Lighting systems and technologies, strengthening more and more the new VARUNA division portfolio, focused on the marine market
STIM Tech Group announces the acquisition of MESS Engineering, a thirty-year experience company, a leading Italian landmark for the design, construction and management of communication systems and solutions (broadcast & communication technology), audio/video/multimedia (Local Entertainment Systems), and house lighting solutions for the naval market.
MESS Engineering and VARUNA become the main asset through which the Group expands its presence to the naval market
With this acquisition, STIM Tech Group, enriches its offer of expertise and services in designing and implementing advanced ICT solutions, integrating broadcast and communication, Audio Video and House Lighting systems and technologies, strengthening more and more the new VARUNA division portfolio focused on the marine market.
“Thanks to MESS Engineering, we will expand our business to a complementary and fast-growing market, focusing on the needs of shipowners and shipyards, offering them high quality services, working side by side and supporting them with an integrated approach in the most important ICT areas:
Broadcast & Communication
Physical Infrastructure & Data Networking
Local Entertainment Systems
Security & Cybersecurity
AI Solutions
IT Managed Services
having well in mind the goal to face opportunities offered by the marine market successfully” states Stefano Marazzi, CEO of STIM Tech Group.
“We are happy to become part of STIM Tech Group and give our support to meet the increasingly advanced and integrated needs of our customers. We merge and make our offer stronger, together we can ensure a challenging and innovative path of growth for all our employees and customers” underlines Ubaldo Giuseppe Bruzzone, Founder of MESS Engineering.
“As we approach this exciting step of development, we go on, aiming directly to our goal of delivering value in line with our customers' expectations, creating long-lasting partnerships. Together, we will go on offering new and original solutions to the marine market” ends Bruzzone.
People and cultural integration
Both companies are committed to satisfying customers’ needs, enabling a continuous cultural integration. Our shared values emphasize innovation and delivery of high-quality products and ensure that our strategic points of view are closely linked. Our employee’s efforts towards the success of our companies have been critical to the growth and creation of our new common future.
Customers and products
This acquisition enriches the current product and solution portfolios of both companies; in such a fast-growing market, where shipyards and shipowners increasingly demand for new players, it will be an essential landmark for common growth paths. By joining our efforts and skills, we are better positioned to meet the different needs of shipowners and shipyards. In addition, this transaction provides both companies the opportunity to further develop their technical skills and operational capabilities, ensuring continuity and growth for next generation.
STIM Tech Group has been advised by KPMG for corporate M&A aspects. The law firm, Pirola Pennuto Zei & Associati, through a team composed by Partners Gabriele Arcuri and Giuseppe Tarantino, and Counsel Antonio Modola, has advised STIM Tech Group as to legal and contractual aspects of the transaction. Dr. Antonio Virgilio, partner Gotha Advisor Spa, assisted on tax matters.