Published by Global Banking & Finance Review®
Posted on January 19, 2026
1 min readLast updated: January 19, 2026
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Hera acquires Sostelia for €138 million, enhancing its water treatment operations and boosting earnings by €20 million.
MILAN, Jan 19 (Reuters) - Italian multi‑utility firm Hera said on Monday it had agreed to acquire water treatment group Sostelia in a deal worth 138 million euros $161 million) including debt, boosting its position in the treatment of industrial and civil water.
Hera said the acquisition would, once fully integrated, contribute more than 20 million euros to group consolidated earnings before interest, tax, depreciation and amortisation, excluding additional synergies.
Sostelia is 65% owned by private equity firm Xenon AIFM through its Xenon Fidec fund, while the remaining 35% is in the hands of entrepreneurs linked to the various companies which are part of the group.
Rothschild advised Xenon in the transaction. ($1 = 0.8595 euros)
(Reporting by Valentina ZaEditing by Keith Weir)
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure used to analyze a company's operating performance.
Private equity refers to investment funds that buy and restructure companies that are not publicly traded, often aiming to improve their financial performance.
Synergies refer to the potential financial benefit that is realized when two companies combine, often resulting in reduced costs or increased revenues.
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