Planet Smart City signs exclusive agreement to acquire Politecna Europa

India, 1^st June 2022 – Planet Smart City to acquire Politecna Europa, a company specialising in architectural and engineering design. A press release issued by the company says that, the specialist knowledge of both companies will be applied to create intelligent neighbourhoods and homes by increasing their efficiency and maximizing the user experience of residents.

Planet Idea, Planet Smart City’s Competence Centre, and Politecna Europa are already involved in activities oriented in this direction. Planet Idea designs innovative solutions in fields including technological systems, planning & architecture, social innovation, and the environment. These solutions are integrated into real estate development projects that Planet Smart City carries out in Italy, India, Brazil, and United States, as well as supporting consultancy services to third party real estate developers. Planet Idea’s interdisciplinary team already includes architects, engineers, and urban planners, as well as digital transformation and social innovation specialists, who all work together at the Competence Centre in Turin.

Politecna Europa, founded by Luca Massimo Giacosa and Pietro Putetto, specialises in project management activities and is at the forefront of architectural, structural, and industrial design in civil and infrastructure sector. The company is involved in highly innovative activities across Italy, France, Switzerland, and Oman, leveraging a team of over 100 engineers and architects.

Planet Idea and Politecna Europa are already working on joint projects around the world. After the two companies are fully integrated, an entity will be established including 350 professionals. 

Giovanni Savio, CEO of Planet Smart City, said, “Planet Smart City and Politecna Europa have the same vision of real estate development aimed at the joint application of proptech together with the principles of ESG. The integration of our respective skills and professionalism will lead to the establishment of an interdisciplinary group that will increase our ability to generate and implement ground breaking ideas.”