PARLYM Completes the Acquisition of the Italian Company PROECO

The acquisition of PROECO marks a significant milestone for PARLYM Group, representing its first significant investment in Europe (outside France) and symbolizing the launch of its expansion on the continent. This expansion establishes two equivalent geographic hubs for the Group, in Africa and Europe, further strengthening its position as a leader in the engineering sector.

PROECO will continue to operate under its existing brand within the PARLYM Group, maintaining its commitment to excellence and customer satisfaction. This acquisition represents the convergence of two industry leaders committed to continually improve the quality of their services to meet the needs of their clients.

« We are thrilled to welcome PROECO as the latest member of our Group. Their reputation for excellence and multidisciplinary approach perfectly aligns with our strategic objectives. Together, we will leverage our combined strengths to enhance our service offerings, expand our capabilities, and accelerate our growth
trajectory»
Christophe ARZANO, Managing Director of PARLYM Group

« Joining forces with PARLYM Group presents an incredible opportunity to amplify our impact and drive further innovation in the engineering services landscape. We look forward to writing a new chapter within PARLYM
Group and setting new benchmarks for excellence in the industry. »
Giovanni ARZILLI, Managing Director of PROECO

M&A Advisory: ARKA FINANCE
Seller's Legal Advisor: C&S
Buyer's Legal Advisor: PIROLA
Tax and Social Due Diligence: DELOITTE
Financial Due Diligence: DELOITTE