NEXT TECHNOLOGY GROUP has sold its subsidiary TESAR SpA

NEXT TECHNOLOGY GROUP has sold its subsidiary TESAR SpA, a company in the group dedicated to the development of MES solutions, to Dylog Italia SpA.

Next Technology Group, the leading group in technologies for energy, automation, metal processing, and software, announces the sale of 100% of the shares of the subsidiary Tesar SpA to the Dylog Italia SpA group.

Tesar SpA is active in industry and the services sector and is a leader in the development of software for data collection, planning, control, production management and quality.

Dylog Italia SpA designs, develops, and markets management software and services for companies and professionals.

Tesar currently employs 60 people and has a turnover of over €5 million. The company joined the Next Technology Group in 2012 with 50% of the shares and ended up with 100% control in 2015.

The acquisition allowed Tesar to become one of the most recognized players on the Italian market, which quickly led to a doubling in its turnover and workforce.

Over time, the evolution of the group’s activities has favoured an ever-increasing commitment to the world of industrial production of dry-type transformers and metal processing for sectors such as marine & offshore, oil & gas, power generation, industry, traction, building & infrastructure, and renewable energy. TMC Transformers SpA, Ritz Power Transformers GmbH, Marnate Transformers and Officine Tironi have joined the group, and we will soon be opening a new production unit called ‘TMC Transformers Low Voltage’.

This process delineates a precise group strategy which has decided to proceed with the sale of Tesar SpA to Dylog Italia SpA.