Aurora X

Sector

Industrial Plant Engineering

Date of investment

July 2022

Investment status

In the portfolio, "Armònia Italy Fund"

Aurora X Group S.p.A. is a leader in Italy in the industrial plant engineering sector and is composed of Demont s.r.l. and its direct subsidiaries and Riva & Mariani Group S.p.A.(R&M).

Demont, founded in 1972 and headquartered in Millesimo (Savona), is a company active in the field of industrial plant design and construction (EPC) for companies mainly active in the Oil&Gas and Power Generation sectors. The subsidiary Sikel s.r.l. (“Sikel“) provides installation and maintenance activities for the petrochemical sector (so-called stops), while the subsidiary HiPe s.r.l. (“HiPe“) specializes in the production of boilers, industrial heaters, heat exchangers, high-voltage components and desalination plants for the petrochemical, power generation and general industrial sectors.

R&M, founded in 1937 and headquartered in Milan, is an Italian company operating in the design, installation of insulating systems and related maintenance, and in the realization of provisional plant works for multiple sectors (e.g. Oil&Gas and Power Generation).

  • Company: Aurora X
  • Investment Status: In the portfolio, “Armònia Italy Fund”
  • Investment date: July 2022
  • Reference sector: industrial plant engineering
  • Contact: www.rivamariani.com; www.demont.it

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