Italy's Engineering sells two units to Accenture for €900 million

en.Wedoany.com Reported - Italian digital services company Engineering announced on Wednesday that it has sold its Alfahealth and Industries eXcellence divisions to global technology consulting firm Accenture. The transaction amount was not publicly disclosed, but sources familiar with the matter said the deal is valued at approximately €900 million ($1 billion).

Alfahealth and Industries eXcellence focus on digital solutions in Italy's healthcare and industrial sectors, respectively. Together, these two divisions account for approximately 18% of Engineering's consolidated net revenue in 2025 and 25% of its adjusted core earnings (Ebitda).

Engineering, jointly controlled by private equity firms Bain Capital and NB Renaissance, reported adjusted core profit of €280.3 million in 2025. The company said the sale helps it sharpen its focus on core operations and further accelerate the growth of its artificial intelligence products.

Accenture stated that these two acquisitions are part of its strategy to integrate software, data, and artificial intelligence, aiming to accelerate competitiveness and transformation in Italy's strategic industries.

The transaction is expected to close in the fourth quarter of this year, subject to approval from Italian antitrust and government authorities.

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