MN-01072

Saipem S.p.A / Subsea7 S.A.

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Processing timeline

days

Filed

27 Apr 2026

Decision Due

10 June 2026

Est decision date: 20 May 2026. Based on 3 decided Construction & Building Materials notifications.

Type: Notification
Status: Under assessment
Stage: Phase 1 - initial assessment

Parties

Acquirer

Saipem S.p.A

Target

Subsea7 S.A.

Other parties

None listed

Notes

Saipem S.p.A proposes to merge with Subsea7 S.A. This share transaction combines two global engineering and construction companies serving the offshore energy sector. Their services include subsea infrastructure, offshore wind infrastructure, and inspection, repair, maintenance, and decommissioning of energy assets.