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NextGeo acquires stake in Italian subsea firm

RECENTLY ACQUIREDSep 05, 2025

Acquiring Company

Next Geosolutions

Acquired Company

Rana Subsea

RavennaRenewable EnergyRenewables & EnvironmentEnergyOil And GasRenewable Energy

Description

Next Geosolutions (NextGeo) has completed the acquisition of 75.4% of the share capital of RANA Subsea, a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of services. This move aims to enhance NextGeo's capabilities in providing geospatial services related to subsea operations. The acquisition will allow greater efficiency and innovation in their projects. The firm is recognized for its expertise in the subsea sector.

Quick answer

Next Geosolutions is acquiring Rana Subsea, announced September 5, 2025.

How much did Next Geosolutions pay for Rana Subsea?
The deal value was not disclosed.
What does Next Geosolutions do?
Next Geosolutions is an Italian company that specializes in marine geoscience services and offshore construction support.
Where are Next Geosolutions and Rana Subsea based?
Rana Subsea is based in Ravenna, Emilia-Romagna, Italy.
Who are the decision-makers at Next Geosolutions?
Fundz holds 1 contact at Next Geosolutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Renewable Energy and Renewables & Environment

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Company Information

Company

Next Geosolutions

Location

39 Via Santa Brigida

About

Next Geosolutions is an Italian company that specializes in marine geoscience services and offshore construction support. It provides research and technical services aimed at assessing the feasibility of offshore infrastructure. The company focuses on geophysical and geotechnical studies for various marine projects.

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Frequently asked

Who acquired Rana Subsea?

Rana Subsea was acquired by Next Geosolutions. The deal was reported on September 5, 2025. Next Geosolutions is an Italian company that specializes in marine geoscience services and offshore construction support. Next Geosolutions is privately held and operates in Renewable Energy.

When did Next Geosolutions acquire Rana Subsea?

Next Geosolutions's acquisition of Rana Subsea was reported on September 5, 2025. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Rana Subsea do?

RANA was established in 1964 in Marina di Ravenna (Italy) as a small professional diving company to provide geophysical and diving services to the growing offshore Oil & Gas industry in the Mediterranean Sea. It is privately held, operating in Energy, and is based in Ravenna.

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