Azzurra Capital and Azimut Libera Impresa Acquire Stake in Maire's NextChem, Targeting IPO by 2026
Azzurra Capital and Azimut Libera Impresa Sgr have acquired a 7.9% stake in NextChem, a subsidiary of Maire focused on energy transition technologies, for around €110 million, valuing the company at €1.4 billion. The investment aims to strengthen NextChem's capital structure and validate its business model in preparation for a potential IPO by 2026, while enhancing its growth strategy in hydrogen, sustainable chemicals, biofuels, and CO2 capture. Maire retains a controlling 82% stake in the company.
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Azzurra Capital and Azimut Libera Impresa Sgr have acquired a 7.9% stake in NextChem, a Maire subsidiary focused on energy transition technologies, for approximately €110 million, valuing the company at €1.4 billion. Maire maintains a controlling 82% stake.
This investment is intended to validate NextChem's business model and strengthen its capital structure in preparation for a potential IPO, anticipated no earlier than 2026. NextChem's growth strategy includes expanding its technological portfolio and project pipeline in hydrogen, sustainable chemicals, biofuels, and CO2 capture. The investment is viewed as a strategic move to enhance NextChem's position within Maire, transitioning from traditional engineering to a technology-oriented group focused on decarbonization.
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