Maire's Nextchem to acquire technology licensor and engineering company Ballestra
- Ballestra Group will bring intellectual property, advanced proprietary technologies and distinctive engineering competences to NEXTCHEM’s value proposition in specialty chemicals, including fluorine derivatives for lithium-ion batteries and for the metals and mining industries
- This acquisition will also create cross-selling opportunities with TECNIMONT, MAIRE’s IE&CS business unit, in relation to Energy Transition and material transformation projects
- FY 2025 consolidated revenues projected at €235 million and year-end backlog expected at €315 million
- The enterprise value is €108.3 million, resulting in a purchase price of approximately €126.5 million, subject to adjustments at closing, which is expected in the first half of 2026
MAIRE announced that NEXTCHEM has signed a binding agreement to acquire the entire share capital of Ballestra Group (Ballestra), a global leader in the licensing, design and engineering of processing plants, as well as the supply of proprietary technologies and equipment for the chemical industry.
Founded in 1960 and headquartered in Milan, Ballestra S.p.A. is the holding of a group of companies comprising BUSS ChemTech AG (Switzerland) and Ballestra Engineering and Projects Pvt. Ltd (India). Ballestra Group operates in over 120 countries with approximately 450 employees and offices in Europe and Asia, serving a well-established base of blue-chip clients supported by a proven track record of over 6,400 plants installed worldwide. It relies on a strong intellectual property and R&D expertise, continuously sustained by proprietary pilot plants in Italy and Switzerland, which serve as innovation hubs for testing and scaling new technological processes.
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