Casta Diva Group S.p.A. (BIT:CDG) agreed to acquire 90% of stake in Genius Progetti Spa on February 15, 2022. Genius developed a production value of over 22 million euros with an EBITDA of 3.1 million in 2021. The value of 100% of Genius was determined at 5.8 million euros.

Matteo Giusti will remain as Chief Executive Officer and Federica Morini, former technical Director of Genius, will take on the position of general manager. The closing of the transaction is expected within the fifth working day following March 31, 2022.