Agreement signed for the Supply of Lithium-ion batteries with Power4Future S.p.A., a subsidiary
of Fincantieri SI S.p.A. and part of the Fincantieri Group
San Potito Sannitico - November 18, 2024
Seri Industrial S.p.A. announces that on November 15, 2024, its subsidiary FIB S.p.A. ("FIB" or "FAAM") signed a framework supply agreement (the "Agreement") valued at a total of €100,935,000 with Power4Future S.p.A., a subsidiary of Fincantieri SI S.p.A. and part of the Fincantieri Group.
The Agreement includes the supply of battery modules designed to be installed on next-generation submarines, characterized by extremely high standards of technology, reliability, and safety. These modules will be produced in Italy at FAAM's Teverola facility.
SERI Industrial Company contacts:
Investor Relations and Press Office: Tel .+3908231442200 - Marco Civitillo comunicazione@serihg.com
investor.relations@serihg.com
Website:www.seri-industrial.it|www.p2psrl.it
Seri Industrial S.p.A. is a company listed on the EXM market of the Italian Stock Exchange. Seri Industrial's mission is to accelerate the energy transition towards sustainability and decarbonisation.
The Group operates through three companies: (i) Seri Plast, active in the production and recycling of plastic materials for the battery, automotive, packaging and hydro-thermo-sanitary markets; (ii) FIB, active, through the FAAM brand, in the production and recycling of lead and lithium batteries for traction, industrial, storage and military applications, as well as in the design of battery recycling plants; (iii) Menarini, the only Italian company active in the production of public transport vehicles (under the Menarini brand), with a particular focus on the transition to sustainable mobility through the development of electric vehicles.