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Reway Group lists on Euronext Growth Milan

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  • 6th listing of 2023 on Euronext Growth Milan
  • Reway Group brings the total number of companies listed on Euronext Growth Milan to 196
  • 9th listing on Euronext in 2023
  • Total placement volume of the offering equal to €20 million

Milan – 8 March 2023 – Borsa Italiana, part of the Euronext Group, today congratulates Reway Group on its listing on Euronext Growth Milan.

Reway Group operates in the maintenance and rehabilitation of highway infrastructures, particularly bridges, viaducts and tunnels. The company has a presence across all activities related to the infrastructure rehabilitation chain.

Reway Group represents the sixth listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium-sized companies, and it brings the total number of firms currently listed on Euronext Growth Milan to 196.

In the placement phase, Reway Group raised €18 million. In the case of the full exercise of the over-allotment option, the total amount raised will be €20 million.

Paolo Luccini, Chairman and CEO of Reway Group, said: "Being listed on the Euronext Growth Milan market of Borsa Italiana represents a pivotal moment for us and marks the beginning of a new growth path. We are the leading company in the modernisation and renovation of road and highway infrastructure; now we will be able to further consolidate our position and enjoy greater authority and visibility. I would like to  thank all our employees for their daily commitment, the consultant team for supporting us in this challenge, and all the investors and stakeholders who believed in us."

Reway

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Paolo Luccini, CEO of Reway Group, Alex Luccini, Board Member and Sole Director of Soteco and Daniel Luccini, rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.

About Reway Group

Reway Group is the largest operator in road and highway infrastructure rehabilitation in Italy (bridges, viaducts and tunnels), with a technologically advanced fleet of more than 200 operating vehicles. Founded in December 2021 via the assignment of shares held by M.G.A. Manutenzioni Generali Autostrade, Soteco and TLS Tecnologia Lavori Stradali, three of the main companies active in Italy in the road and highway infrastructure maintenance and rehabilitation sector, which are currently operational and 100% controlled by Reway Group. In detail, M.G.A. (Manutenzioni Generali Autostrade) is specialised in the renovation and rehabilitation of tunnels, bridges and highway viaducts; Soteco is active in the field of tunnel renovation/restorations and sound barrier installations; TLS Tecnologie Lavori Stradali operates in the field of seismic adjustments of viaducts, bridges and tunnels; Reway Group was created to provide the subsidiary companies with a unified corporate and managerial structure, in order to address more efficiently the evolution of a sector that is expanding and growing rapidly both in Italy and abroad.  The Group is controlled by the Luccini family, which has been among Italy's leading entrepreneurial entities in the road and highway maintenance and rehabilitation sector for the past 25 years. Reway Group operates in a sector, that of the modernisation of the Infrastructure system, which is rapidly growing in Italy.

Download the pdf - Reway Group lists on Euronext Growth Milan

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