ICOP S.p.A. Società Benefit (the “Offeror”) has launched a voluntary public exchange offer for all ordinary shares of Trevi – Finanziaria Industriale S.p.A. (“Trevi”).

Trevi is an engineering group specialized in foundation works and underground engineering, active in the design and execution of special foundations, soil consolidation, tunnelling and environmental engineering works for major infrastructure and civil and industrial construction projects. The group also operates through Soilmec in the design, manufacturing and marketing of specialized machinery, equipment and services for underground engineering.

Vitale has assisted the Board of Trevi as an independent financial advisor in connection with the preparation of a Fairness Opinion regarding the financial adequacy of the consideration proposed by the Offeror.

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