Enertronica S.p.A. (BIT:ENT) entered into a preliminary agreement to acquire brand and know-how from Tecnobus S.p.A. for €0.8 million on February 9, 2018. The deal includes the setup of BusX, a new company that will be 85% owned by Enertronica. The transaction is subject to satisfactory completion of technical due diligence, and to confort in the financial sustainability of the venture. Final closing shall take place within 4 months from the date of preliminary agreement. EnVent S.p.A. acted as financial adviser to Enertronica.