Fondo Italiano d’Investimento Acquires 33% Stake in RINA S.p.A.

Following the deal, Fondo Italiano d’Investimento will acquire a minority interest up to 33%, while the company’s management will hold about 3.5% holding. Registro Italiano Navale will maintain a majority stake in the group.

As part of the official announcement, RINA formally confirmed the appointment of Carlo Luzzatto as ceo and General Manager of the company. Ugo Salerno remains in his role as Executive Chairman, with responsibilities for communication and institutional relations, and retains a place on the nine-member board.

Luzzatto is expected to focus on pursuing a strategic growth plan, focused on evolving towards business models and services that are increasingly centered on innovation and sustainability.

The Italy-based classification society remains committed to listing on a stock exchange within the next 3-5 years. 

Davide Bertone, CEO of Fondo Italiano d’Investimento, said: “We are particularly happy and proud to be able to actively contribute to a phase of further growth and evolution of RINA. The company will increasingly play an international leading role in engineering and the certification of many sectors that are central to the technological transition”.

Carlo Luzzatto, CEO and General Manager of RINA S.p.A., commented: “I am thrilled and excited to become part of this company with its fascinating history, which also brings me back to my hometown. I extend my gratitude to Registro Italiano Navale, Fondo Italiano d’Investimento, and the company management – particularly to Ugo Salerno – for the trust they have placed in me and to all my colleagues with whom we are already hard at work. In these first few weeks, I have confirmed that the skills and value of the people are the true wealth of the company. The pursuit of innovation, combined with a drive for digitalization, will be the cornerstone of RINA’s future success”.