Institutional investor Fondo Italiano d’Investimento is taking a minority stake in Italian classification society RINA.
The Italian fund is injecting €180m ($197m) in equity to acquire 33% of the Genoa-based testing, inspection and certification body.
RINA’s management will retain a 2.5% stake, while the majority holding is retained by Registro Italiano Navale, a privately owned non-profit organisation.
