Alantra has been appointed Corporate Broker to SOMEC SpA
SECTORIndustrials
ServiceCorporate Broker; Equity Capital Markets
Milan – Alantra is pleased to announce its appointment as Corporate Broker to Somec S.p.A. and the initiation of coverage by the Italian Equity Research team.
Somec is an Italian engineering group specialized in complex turnkey solutions for cruise shipbuilding and high-end civil construction. Originally focused on marine glazing, the company has successfully expanded into professional kitchens and bespoke interiors, evolving into a high value-added operator with strong backlog visibility and long-standing relationships with leading shipyards and developers. With the cruise market on the rise, limited newbuild capacity, and increasing refitting needs, Somec is well positioned to benefit from favorable industry dynamics.
Alantra initiates coverage with a „BUY“ recommendation and target price of €25.0/share.
Feel free to reach out to Patrizia Rossi, Head of Corporate Broking Italy, and the Italian Equity Research Team (Luca Arena and Andrea Zampaloni) if you’d like to discuss further.
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