Under assessment · Notification · Phase 1 · day 2, due 4 Dec 2026
Webuild S.p.A. proposes to acquire all ordinary share capital of Trevi Finanziaria Industriale S.p.A. via a voluntary tender offer. Both global operators are active in large-scale infrastructure and complex civil works. Webuild specialises in sustainable mobility and hydropower, while Trevi Group focuses on underground engineering and foundation machinery.
Webuild S.p.A. ( Webuild ) proposes to acquire all of the ordinary share capital of Trevi Finanziaria Industriale S.p.A. ( Trevi Group ), (the Acquisition ). The Acquisition will be implemented by way of a voluntary tender offer, announced on 29 July 2026 and made under Italian securities law. Webuild is a global operator specialising in the design and construction of large, complex infrastructure in the sustainable mobility (railways, metros, roads, bridges and tunnels), hydropower (dams, power plants), water, and green buildings sectors. Trevi Group operates globally and specialises in underground engineering (special foundations and ground stabilisation). Trevi Group's operations are organised in two divisions: (i) Trevi, which is involved in the design and execution of special foundation works and ground consolidation for major infrastructure projects (including dams and levees, ports, ground and underground transportation, and industrial and civil buildings); and (ii) Soilmec, which designs, manufactures, and markets machinery, equipment, and services for foundation engineering. Both Webuild and Trevi Group are active in the sector of design, engineering, and construction of large-scale infrastructure and complex civil works. Trevi, through Soilmec, also designs, manufactures and markets specialist ground engineering machinery and equipment.