Enertronica S.p.A. (BIT:ENT) signed a binding agreement to acquire Progetti International SpA from Fineldo SpA for approximately €0.7 million on July 12, 2017. Concurrently, there will be a capital increase of €1 million, subscribed at €3.2 per share reserved to Fineldo SpA and signing a tranche of convertible bonds for €1.5 million. Francesco Novelli, Federico Zucconi Galli Fonseca and Barbara Patruno of Dla Piper Italy Services Srl acted as legal advisors and Ambromobiliare S.p.A. acted as financial advisor to Fineldo. EnVent acted as financial advisor to Enertronica. Enertronica S.p.A. (BIT:ENT) completed the acquisition of Progetti International SpA from Fineldo SpA on November 28, 2017.