Tecno starts listing on Euronext Growth Milan
The Neapolitan company aims at international expansion through M& A operations and to establish itself as a European sustainability hub
by Vera Viola
2' min read
2' min read
Tecno has submitted to Borsa Italiana, the pre-admission communication for the admission to trading of its ordinary shares on the multilateral system Euronext Growth Milan, organised and managed by Borsa Italiana S.p.A. Admission to trading is scheduled for Monday, 14 July, when the placement price will be EUR 2.50 per share.
In the meantime, yesterday the BatCam application was presented at the Barletta Andria Trani Police Headquarters. This application allows the mapping and geolocation in real time of video surveillance systems throughout the province, guaranteeing their managerial and integrated management in institutional locations: the project, by the State Police, was devised in collaboration with the Tecno group, which financed and implemented it. Municipal administrations in the area and other police forces also contributed in different roles.
The Stock Exchange Landing
.The transaction is aimed at supporting an international expansion project, through M& A operations and strategic partnerships, with a focus on the countries already covered, primarily the UK and Spain. With the IPO, Tecno aims to divest a maximum of 30% of its capital.
Lombardi: "We will export our Sustaintech business model"
."We want to export our innovative SustainTech business model _ explains Giovanni Lombardi, founder and president of Tecno _ further refined by the development of the proprietary Ardite 4.0 ESG platform. And we aim to establish the 'First European Sustainability Cluster'. Lombardi adds: 'We had the ability to anticipate the Twin Transition concept before it became a shared paradigm. We started with energy taxation, helping companies to efficiently manage energy-related costs; we then integrated the technological dimension, developing digital platforms for monitoring and optimising production processes and, finally, we brought sustainability to the heart of the strategy, supporting companies with tools and skills to manage ESG factors in a concrete and measurable way. With the listing on the stock exchange, through a Sustainable IPO process, we open a new phase in our business plan'.
Over 4 thousand customers
.TECNO offers more than 4,000 customers integrated solutions for digital and sustainable transformation. It enables continuous monitoring of consumption, emissions, and energy, production, and environmental performance, with applications that automate controls, reduce inefficiencies, optimise processes, and predict critical issues. According to management estimates, the Italian sustainability consulting market, excluding the 'product, innovation and business model' segment, is expected to reach EUR 600 million in 2023 and EUR 900 million in 2027.
