Lutech closes acquisition of Eustema Group

Lutech announces that it has completed the acquisition of Eustema SpA and its subsidiary SoftJam SpA, both recognized for their excellence in the IT sector. The founder and main shareholder, Enrico Luciani, will reinvest part of the proceeds from the sale in Lutech.

Eustema, specialized in IT consulting and development, Cloud, Big Data, and AI, with an R&D Center involved in significant national and European research projects, and SoftJam, with key expertise in Microsoft Cloud Integration, Modern Workplace, Data & Artificial Intelligence, and Cyber Resilience, represent a perfect integration into Lutech's portfolio. With a team of approximately 700 highly qualified professionals spread across the national territory, the two companies support the growth of businesses in various industrial sectors, with a particular focus on the Public Administration.

The acquisition will further strengthen the skills and capabilities of the Lutech Group, expanding the range of services in the described areas. Priority will be given to operational continuity and the optimization of services to clients, through an effective integration of resources and expertise.

"Together with Eustema and SoftJam, the Lutech Group is once again accelerating its growth and its journey as a leader in digital transformation in Italy," says Tullio Pirovano, Executive Chairman of the Lutech Group. "We share the same vision of innovation, driven by expertise in fields such as AI and Cybersecurity, and by an ambitious research and development program in innovative areas such as Big Data, Blockchain, Smart Cities, and Agritech. This will allow us to expedite our joint commitment to lead the digital transformation of Public Administration."

"In our long history, we have always prioritized choices and actions that ensured a long-term vision for Eustema and SoftJam. Customer care, respect for employees, ethics, and continuous innovation are just a few of the ingredients we have adopted," says Enrico Luciani, President and founder of Eustema. "These values, which we have found in Lutech, combined with a complementarity of offerings and markets, will certainly accelerate the growth journey of the two companies and have convinced me to reinvest in this new path."