Genenta signs Definitive Agreements with Sophia High Tech
Genenta Science signed definitive agreements to acquire a controlling 51% stake in Italian aerospace and defense manufacturer Sòphia High Tech for €6.0 million. Sòphia High Tech is a profitable company with FY2024 revenue of approximately €6.29 million and EBITDA of €0.96 million, expecting preliminary FY2025 sales of roughly €8 million.
Key figures
- Deal Value Usd
- €6.0 million
- Target 2024 ebitda
- €0.96 million
- Target 2024 revenue
- €6.29 million
- Target employees 2027
- 70
- Target employees current
- 44
- Target 2025 sales guidance
- €8 million
AI analysis
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