EQUITA assisted MAIRE with the investment of Azzurra Capital in NEXTCHEM

EQUITA SIM - M&A Advisory
MAIRE 2025 1920X1080
MAIRE 2025 1920X1080

Milano, March 4th, 2025 – MAIRE – company focused on advancing the Energy Transition – announces the singing of an agreement with Azzurra Capital for the investment of the latter in the share capital of NEXTCHEM – MAIRE’s subsidiary heading the Sustainable Technology Solutions business unit – with an 8% stake

The consideration for the stake is €110 million, corresponding to an equity value for 100% of NEXTCHEM of €1.4 billion. Following the transaction – whose closing is expected within May 2025 – MAIRE will hold approximately 82% of NEXTCHEM’s share capital, Azzurra Capital 8%, Yousef Al Nowais 5% and Maire Investments 5%.

Azzurra Capital’s expertise as long-term investor will contribute to further strengthen and enhance NEXTCHEM’s growth path as a major technology player in the energy transition.

EQUITA assisted MAIRE as financial advisor thus confirming its positioning as leading M&A advisor in the industrial sector.

The transaction in a nutshell

2025 03 MAIRE

Azzurra Capital’s €110 million investment – which values 100% of NEXTCHEM €1.4 billion – will allow MAIRE to further accelerate the growth path of the subsidiary company. EQUITA financial advisor in the transaction

Client:
MAIRE S.p.A.
Date:
March 2025
Mandate:
Investment of Azzurra Capital in NEXTCHEM
Role:
Financial Advisor
Value:
€ 110 m
Team:
M&A advisory
Advisor:
EQUITA SIM

The company

MAIRE S.p.A. is a leading technology and engineering group focused on advancing the Energy Transition. We provide Integrated E&C Solutions for the downstream market and Sustainable Technology Solutions, the latter through three business lines: Sustainable Fertilizers, Low-Carbon Energy Vectors, and Circular Solutions. With operations across 45 countries, MAIRE employs over 9,300 people, supported by a global network of 20,000 project partners.