‍

The PARLYM Group is pleased to announce that its subsidiary PROECO Srl has completed the acquisition of 100% of Tea Sistemi, an engineering company based in Pisa and recognized as a leader in the fields of risk management, technical safety, flow assurance, and process engineering services.

By combining Proeco's experience with Tea Sistemi's specialized expertise, the Group will be able to offer its customers and partners enhanced added value, integrating innovative approaches while ensuring the highest standards of operational safety. Together, the two companies will be better positioned to meet the challenges of the energy transition thanks to a global and forward-looking engineering vision.

This acquisition confirms Proeco's commitment to sustainable growth, continuing its investment in technical and professional excellence. It also represents an important step in the development strategy of the Parlym Group, Proeco's majority shareholder, strengthening its presence in the Italian market and supporting the high level of expertise of its teams.

"Tea Sistemi brings valuable expertise that strengthens our service offering and supports our long-term strategy. We are excited about the opportunities that this integration will generate." Giovanni ARZILLI, Managing Director of PROECO

"Joining Proeco is a natural step forward for Tea Sistemi. Together, the two companies will be able to expand their capabilities and offer even more effective solutions to their customers." Paolo ANDREUSSI, Former CEO of TEA SISTEMI

"We are delighted to welcome Tea Sistemi to the Group. This acquisition strengthens our presence in Italy and enhances the technical excellence we are committed to delivering worldwide." Christophe ARZANO, CEO of the PARLYM Group