(Alliance News) - Sesa Spa announced Tuesday that its subsidiary Var Group Spa has taken over the entire capital of Real-Time Srl, thereby strengthening its expertise in application consulting on the SAP platform.

Real-Time is based in Bergamo and ended 2023 with revenues of EUR1.7 million and an Ebitda margin of 12.5 percent.

"The Sesa group thus continues to fuel its growth path, both in terms of resources and digital expertise, through bolt-on industrial M&A in sectors of strategic importance for its development and with a policy of generating long-term sustainable value for stakeholders," the company explained.

Sesa's stock is up 0.2 percent at EUR102.50 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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