(Alliance News) - Emma Villas Spa announced that it has finalized the acquisition of 100 percent of Marche Holiday Villas, a newly established company into which the property rental business for tourism purposes of Marche Holiday, which specializes in vacation home rentals, villas with swimming pools and apartments in the Marche region and central Italy, has been contributed.

Giammarco Bisogno, CEO of Emma Villas, commented, "Expanding the portfolio of villas in Italy, through M&A transactions, is one of the primary objectives that the IPO has accelerated. This acquisition is exactly the type of transaction that we consider efficient, both because it is structurally integrated and consistent with our proposal in the market, and because it is sustainable from an economic point of view, in a virtuous path of expansion of presence in Italy."

"The 2023 results have confirmed the company's growth trend and, above all, give us the financial solidity necessary to operate consistently with our development plans and focus our forces only on investments that allow us to make the leap in quality at the right market conditions."

By Claudia Cavaliere, Alliance News reporter

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