The 20 completely different workplaces and branches of the historic Turin-based main geoengineering firm specializing in the design of underground works and in the hydroelectric sector will turn out to be half of Pini Group.
Through this transaction, Pini Group accelerates its progress path by reinforcing its worldwide presence as a reference firm in design, development administration and consulting companies for underground works.
LUGANO, Switzerland, Sept. 22, 2022 /PRNewswire/ — With over 70 years of expertise in the native and worldwide market, the Swiss-born engineering firm Pini Group has now acquired Geodata – a geoengineering firm based in Turin in 1984 and energetic in 20 countries, with subsidiaries in Italy, Algeria, Argentina, Australia, Bolivia, Brazil, Canada, Chile, Ecuador, Greece, India, Malaysia, Nepal, Portugal, Peru, and Turkey, which is especially concerned in underground and hydro-related works design.
With this strategic acquisition, Pini Group desires to learn from the know-how of a firm that in these 38 years of exercise has deliberate and supervised the development of more than 4,000 km of tunnels and more than 3,500 tasks worldwide referring to subways, conventional and high-speed railways, roads and motorways, dams and hydroelectric vegetation, in addition to geology and atmosphere.
“We acknowledge in Geodata a superb participant in the world of underground engineering and hydropower. Our intention is to boost all the property which have allowed this firm to put in writing the historical past of engineering: from its employees to its community of suppliers and its worldwide companions. This acquisition is predicated on frequent values that characterize the two firms. Both Geodata and Pini began out as household companies, which by way of laborious work, dynamism and the pursuit of excellence have turn out to be international gamers in the engineering sector. Furthermore, the acquisition of Geodata permits Pini to entry the renewable energy sector, with a specific give attention to the hydroelectricity.
In the fragile and transitional moment we’re presently going through, we will make the expertise and data of a dynamic, worldwide and modern group out there to the sector. We will be part of forces to construct the future of engineering collectively.”
Andrea Galli, CEO of Pini Group
Among the tasks which have made Geodata an excellence in the world of underground engineering over the years it’s price mentioning the current design of the 6 metro strains in the metropolis of Istanbul, nonetheless below development, the extension of the São Paulo metro line 5 in Brazil and the Maldonado River underground tunnel in Buenos Aires.
The acquisition will give a sturdy acceleration to the growth plans of Pini Group, which thus exceeds 700 staff, and strengthens its place as a main firm in design, development administration and consulting companies.
Pini Group, a firm based in Switzerland and with more than 70 years of expertise in the native and worldwide market, presently operates in Italy, Austria, France, Portugal, Norway, Israel, Australia, Brazil, and the United States with roughly 500 staff engaged in design, development administration and consulting companies.
“Pini – Smart Engineering” summarizes the peculiarities of our business. Speed of motion, pragmatism, effectivity and a contact of magnificence are the key features of our technique. Faced with a fast-changing world and an growing quantity of challenges, we’re dedicated to creating sustainable options for a future society.
Contact: Luca Cereghetti, firstname.lastname@example.org, 0041 78 715 26 28
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