Fincantieri S.p.A. (BIT:FCT) acquired 80% stake in Team Turbo Machines from Hiolle Industries S.A. (ENXTPA:ALHIO) on August 9, 2021. The Managing Director and 20% shareholder of TTM will remain in charge of the company and will support FINCANTIERI in the recovery and development of this company.Vincent Berger, Eddy Amouri, Franck Bernauer, Maximilien Llurens, Sofia Loria, Guillaume Chabot, Olivier Masi, Camilla Spira of KPMG Avocats provided due diligence service to Fincantieri S.p.A. (BIT:FCT). Fincantieri S.p.A. (BIT:FCT) completed the acquisition of 80% stake in Team Turbo Machines from Hiolle Industries S.A. (ENXTPA:ALHIO) on August 9, 2021.