NOVAMONT OWNERSHIP
Versalis, a petrochemical company fully owned by Eni, holds a 25% stake in Novamont.
Novamont has also received financing from Versalis, including loans that the company has reportedly struggled to fully repay.
As a result of subsequent corporate restructuring, full ownership of Novamont was consolidated under Eni, bringing the company to 100% control within the Eni group.
Novamont has also benefited from significant public funding, including EU grants supporting the development of bio-based and circular economy technologies.
Some observers have raised questions about whether the overall structure of these transactions fully reflects standard market conditions, given the combination of intra-group financing and public subsidies in the sector.