The Hera Group continues to reinforce its leadership in the waste management sector, with a particular focus on municipal and industrial water treatment, through the execution of a binding agreement signed today for the acquisition of 100% of STA and its affiliated shares in the subsidiaries of the Sostelia Group, a prominent Italian private company specializing in municipal and industrial water treatment and technologies. The Sostelia Group is 65% owned by Xenon Fidec, a private equity impact fund managed by Xenon AIFM, with the remaining 35% held by entrepreneurs from the group's firms. The transaction's enterprise value is €138 million. "The acquisition of an industrial company such as Sostelia, a leader in water treatment renowned for its advanced technologies, research and development capabilities, and high-level expertise, enhances the Hera Group's strategic positioning in the key sectors of water and waste management. The current environment is characterized by increasingly stringent regulations, such as EU Directive 2024/3019 on wastewater, and by an increasing water deficit, as industrial demand is expected to rise while available resources decrease due to climate change", says Orazio Iacono, CEO of Gruppo Hera.