Italy's Engineering sells two units to Accenture

Italy's Engineering sells two units to Accenture June 17 : Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture. • No value for the transaction was disclosed. • Alfahealth and Industries eXcellence respectively offer digital solutions for Italy's healthcare and industrial sectors. • Together they accounted for about 18 per cent of Engineering's consolidated net revenues and 25 per cent of adjusted core earnings (EBITDA) in 2025. • The transaction will help sharpen Engineering's focus on its core segments and further accelerate its fast-growing AI offering, the company said. • Accenture said separately that the two acquisitions were part of its strategy of integrating software, data and AI to accelerate the competitiveness and transformation of Italy's strategic sectors. • The transactions are expected to close in fourth quarter of this year, depending on antitrust and eventual Italian government approvals under "golden power" rules, among other conditions.