Arca Space Capital is set to acquire up to a 33% minority stake in RINA, enhancing its growth prospects and international expansion through strategic investment.

Target Information

The investment vehicle will acquire a minority stake of up to 33% in RINA, with the closing of the transaction expected in autumn 2023. RINA will continue to be controlled by the Italian Naval Register. The governance agreement stipulates that Arca Space Capital will have the right to appoint one member to the board of directors, while the remaining members will be nominated by the Italian Investment Fund.

This infusion of capital will enable RINA to enhance its capital structure and support the upcoming phase of internationalization and growth for the group. This growth will occur both organically and through mergers and acquisitions, with a potential future public listing in view.

Industry Overview in Italy

RINA operates in the engineering consultancy sector, which is experiencing significant growth in Italy, driven by increasing demand for technical services across various industries,