Accenture agreed on 17 June to acquire Alfahealth, a digital healthcare company, and Industries eXcellence Group, a digital manufacturing specialist, from Italy's Engineering Group.
Why Accenture plc is buying Alfahealth S.p.A. and Industries eXcellence Group (IndX)
Accenture said Alfahealth would add a service-led digital health platform supporting clinical, diagnostic and administrative processes for Italian providers and national programmes. IndX will strengthen Accenture's Siemens Business Group in product lifecycle management, simulation, digital twins and industrial edge computing.
“Italy is at a pivotal moment in the transformation of its healthcare system”
Deal terms and financing
Engineering is selling the entire share capital of both companies for cash; prices were not disclosed. The two units represented about 18% of Engineering's 2025 net revenues and a quarter of its adjusted EBITDA, and the proceeds will be used to strengthen its balance sheet.
Regulatory approvals and timing
The transactions were subject to conditions including antitrust and Italian Golden Power clearances, with closing expected in the fourth quarter. Accenture's newsroom records the Alfahealth acquisition as closed on 8 October 2026.
Market context
Engineering, which has about 14,000 employees, is refocusing on core segments and artificial intelligence, including its EngGPT 2 language model. Engineering chief executive Aldo Bisio described the agreements as a decisive step in its business refocusing.
