RT&L completes acquisition of LandS for EV of EUR 7 million
Reuters2026/09/10 15:49Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- RT&L completed the acquisition of 100% of LandS, a holding company controlling six maritime-traffic services businesses.
- Deal adds EUR 16 million of revenue, about EUR 1.1 million of EBITDA, and 85 employees to the group.
- Purchase price set at a EUR 7 million enterprise value, implying about 6x LandS group EV/EBITDA.
- Consideration also includes payment for a cash-positive net financial position estimated at about EUR 3 million, subject to adjustment.
- Anthilia Capital Partners SGR provided most of the financing; LandS governance retained continuity with Gerardo Ghiliotto as chair, Roberto Bizzarri as CEO.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RT&L S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 20351_171457_2026_oneinfo.pdf), on September 10, 2026, and is solely responsible for the information contained therein.
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