Turiner Geodata becomes part of the Pini Group
The engineering office Pini Gruppe, which specializes in underground structures, takes over the Turin-based geotechnical company Geodata, which operates in 20 countries. With this, the Pini Group wants to benefit from Geodata's experience in the construction of more than 4000 kilometers of tunnels and more than 3500 projects worldwide.
The Pini Group based in Lugano takes over the geotechnical company Geodata based in Turin. According to a press release by the Pini Group, both companies are characterized by the fact that they started out as family businesses and have developed into global players in the engineering sector. With this acquisition, its CEO, Andrea Galli, wants to “strengthen all the values that have enabled this company to write engineering history”. According to Pini, it enables access to the renewable energy sector, especially hydropower.
The company now has 700 employees. The acquisition will greatly accelerate the development plans of the engineering and consulting service provider, which was founded 70 years ago, and will strengthen its position “as a leading company in planning, construction management and consulting services,” the statement said.
Geodata is mainly engaged in the planning of underground and hydraulic works. The company was founded in 1984, has 16 branches in Europe, North and South America, India and Malaysia and is active in 20 countries. With this strategic acquisition, the Pini Group wants to benefit from the expertise of a company that has planned and supervised the construction of more than 4000 kilometers of tunnels and more than 3500 projects worldwide, according to the Pini Group.