Trevi
Trevi S.p.A. is an Italian specialty geotechnical contractor founded in 1957, delivering deep foundations, soil consolidation, and underground engineering services for dams, bridges, metros, and large-scale infrastructure projects worldwide.
- Company typePrivate
- Founded1957
- HeadquartersCesena, Italy
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Trevi does
Trevi S.p.A. is an Italian-headquartered specialty geotechnical and underground engineering contractor founded in 1957 in Cesena, Italy. The company delivers integrated deep foundation, soil consolidation, retention systems, cut-off walls, and waterproofing solutions for dams, bridges, marine works, metro systems, high-rise buildings, and other large-scale infrastructure. Trevi operates across seven industry verticals — Dams & Levees, Marine Works, Bridges & Causeways, Industrial & Civil Buildings, Ground & Underground Transportation, Environmental Solutions, and Special Projects — deploying 23 distinct geotechnical technologies including jet grouting, hydromill diaphragm walls (achieving vertical deviations of 0.3–0.5%), large-diameter bored piles up to 4m diameter and 100m depth, artificial ground freezing, and dynamic compaction, supported by proprietary drilling equipment from its sister company Soilmec.
Trevi monetizes through project-based contracts awarded via competitive tendering or direct negotiation with general contractors, government agencies, and project developers. The customer base spans sovereign and enterprise clients including Bane NOR, the U.S. Army Corps of Engineers, Société du Grand Paris, Hyundai, NEOM, ICD Brookfield Place, and Groß und Partner. The company maintains wholly-owned operating subsidiaries in 12+ countries across Europe, the Middle East, Africa, North America, South America, and Asia-Pacific, and the group is controlled by CDP Equity (Cassa Depositi e Prestiti's private equity arm) and Polaris Capital Management LLC.
As of Q1 2026, Trevi reported a record order backlog of €869.8 million with FY2026 guidance for consolidated revenues exceeding €750 million and recurring EBITDA around €100 million, despite a Q1 2026 revenue decline of 23% year-over-year attributed to the timing of new contract starts rather than demand weakness.
Trevi firmographics
Firmographics- Name
- Trevi
- Legal name
- TREVI - Finanziaria Industriale SpA
- Website
- https://trevispa.com
- Company type
- Private
- Founded year
- 1957
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Trevi S.p.A. is an Italian specialty geotechnical contractor founded in 1957, delivering deep foundations, soil consolidation, and underground engineering services for dams, bridges, metros, and large-scale infrastructure projects worldwide.
- Ownership category
- akta.pro rank
Trevi industry classification
Industry- Product category
- Geotechnical Engineering Services
- NAICS
- Site Preparation Contractors (23891)
- SIC
- Heavy Construction Other Than Bldg Const - Contractors (1600)
- akta.pro primary industry
- Ground Improvement & Soil Stabilization (DSM, Vibro, Grouting, Reinforcement) (IMAFAOAC)
- akta.pro secondary industries
- Tunneling & Underground Geotechnics (Ground Treatment, Support, NATM/SEM Interfaces) (IMAFAOAJ), Foundations & Geotechnical Works (Piles, Anchors, Ground Improvement) (EUAMAFAB)
Keywords
Where Trevi is headquartered
LocationHeadquarters
- HQ city
- Cesena
- HQ country
- Italy
- HQ region
- Europe
Offices12 records
Markets served
Trevi business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Infrastructure Construction Services: Trevi generates revenue through specialized engineering and construction services for large infrastructure projects including deep foundations, dam rehabilitation, underground metro systems, bridges, and marine works. Revenue is project-based and cyclical, with quarterly performance varying based on contract timing and project phases.
- Geotechnical Engineering Services: Soil consolidation, waterproofing, and ground improvement services provided to construction projects globally
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based pricing for specialized foundation engineering contracts |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Trevi product offering
Product offeringCore offering
Trevi is a specialized civil engineering contractor that delivers deep foundation works, soil consolidation, ground improvement, retention systems, and cut-off waterproofing for large-scale infrastructure projects globally. The company executes complex geotechnical packages within dams and levees, marine works, bridges and causeways, metro and rail tunnels, high-rise buildings, and environmental remediation projects, deploying proprietary technologies such as large-diameter bored piles up to 4m diameter and 100m depth, hydromill diaphragm walls, jet grouting, ground freezing, and CFA piles via Trelicon. Services are procured through competitive tendering or direct negotiation with general contractors, government agencies, and project developers, supported by vertically integrated equipment supply through sister company Soilmec.
Product overview
Trevi is a worldwide leader in special foundation engineering and geotechnical services, offering an integrated portfolio of deep foundation, soil improvement, retention system, and cut-off services. The company operates across seven industry sectors: Dams & Levees, Marine Works, Bridges & Causeways, Industrial & Civil Buildings, Ground & Underground Transportation, Environmental Solutions, and Special Projects. Trevi deploys 23 distinct geotechnical technologies including bored piles, jet grouting, diaphragm walls, ground freezing, and compaction techniques. The company maintains global operations through subsidiary companies including Trevi Algeria, Trevi Australia, Trevi Philippines, Trevi Foundations Kuwait, Trevi Foundations Nigeria, Pilotes Trevi, Trevi Cimentaciones Mexico, Trevi Turkey, Trevi France, Swissboring, Trevi Arabian Soil Contractor, and TREVIICOS (North America). The company was founded in 1957 in Cesena, Italy, and is currently controlled by CDP Equity and Polaris Capital Management LLC.
Differentiator
Problem solved
Functional benefit
Products and services
- Deep Foundations
- Soil Improvement and Ground Consolidation
- Retention Systems and Shoring
- Cut-Off and Waterproofing
- Dams and Levees Engineering
- Marine Works
- Bridges and Causeways Engineering
- Industrial and Civil Buildings Foundations
- Ground and Underground Transportation Engineering
- Environmental Solutions
- Special Projects
Quantifiable outcome
- Record order backlog of €869.8 million achieved in Q1 2026
- +3 more outcomes
Companies that use Trevi
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
Trevi technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Trevi partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered strategic, core and major.
- SaipemstrategicMemorandum of Understanding signed for foundation drilling solutions and services for offshore wind farm projects. Strategic collaboration for renewable energy infrastructure.
- VeidekkecoreNorwegian construction company awarded contract by Bane NOR for Drammen-Kobbervikdalen double-track railway project. Trevi provides soil consolidation and tunnel foundation works as specialist subcontractor in cooperation with Veidekke.
- Treviicos-Nicholson Joint Venture (TNJV)coreJoint venture between Treviicos (Trevi US subsidiary) and Nicholson for Boone Dam Internal Erosion Remediation Project. Combined expertise for cutoff wall installation.
- SoilmeccoreSister company and equipment supplier providing drilling rigs, hydromills, and geotechnical equipment. Vertical integration enables proprietary technology advantages and specialized equipment development.
- EIFFAGE Génie CivilmajorMajor French construction company and client for Grand Paris Express Lines 16 and 17. Trevi contracted for specialized foundation works at metro stations.
- NGE Génie CivilmajorFrench construction group engaged for Grand Paris Express project. Trevi provides specialized geotechnical services as subcontractor.
- DEMATHIEU BARD ConstructionmajorFrench construction company for Grand Paris Express metro project. Trevi contracted for foundation works.
- SEFI-INTRAFORmajorFrench geotechnical specialist contractor for Grand Paris Express. Trevi provides specialized foundation services.
- HyundaicoreKorean construction giant as main contractor for Chacao Bridge in Chile. Trevi Chile executes foundation pile works for bridge pylons under Hyundai's project management.
- U.S. Army Corps of EngineerscoreFederal agency coordinating Mosul Dam rehabilitation project in Iraq. Trevi contracted for dam maintenance and safety works under USACE oversight.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Trevi competitors and assessment
Company assessmentDirect peers
- Bauer AG: German-based global specialist in foundation engineering, ground improvement, and deep foundations. Bauer is Trevi's closest direct competitor, offering overlapping services such as bored piles, diaphragm walls, jet grouting, and ground improvement across similar end-markets and geographies.
- Keller Group plc: UK-headquartered world's largest independent geotechnical contractor. Keller directly competes with Trevi across ground improvement, deep foundations, and specialty geotechnical works, with comparable technologies (CFA piles, jet grouting, soil mixing) and a similarly global subsidiary footprint.
- Franki Foundations: Belgian-origin specialist foundation contractor with operations across Europe, Africa, and the Middle East. Competes with Trevi on driven and bored piles, ground improvement, and retaining structures in overlapping geographies, particularly in France, Belgium, and Africa.
- Menard (Vinci): Vinci-owned specialist in ground improvement and soil reinforcement, with techniques including dynamic compaction, vibrocompaction, and rigid inclusions that directly overlap with Trevi's soil consolidation portfolio.
- Bachy Soletanche: Subsidiary of Soletanche Freyssinet (Vinci) specializing in deep foundations, retaining structures, and ground improvement. Directly comparable to Trevi's core service lines and frequently a co-bidder or competitor on European metro, dam, and high-rise foundation tenders.
- Hayward Baker: North America's largest specialty geotechnical contractor and Keller Group subsidiary. Directly competes with Trevi's TREVIICOS subsidiary on US dam rehabilitation, cutoff walls, and ground improvement projects.
Emerging players
- Fugro N.V. Dutch global leader in geo-data and site characterization for offshore wind, infrastructure, and energy projects. While more services-and-data oriented than Trevi, Fugro competes at the front-end of foundation projects through site investigation, increasingly adjacent to Trevi's offshore wind ambitions with Saipem.
Broad incumbents
- Skanska: Swedish-based global construction and development company with significant in-house geotechnical and foundation engineering capabilities. While broader than Trevi, Skanska competes on large infrastructure tenders in Scandinavia and elsewhere where foundation works are bundled into main contracts.
- Soletanche Freyssinet (Vinci Construction): Vinci's specialist geotechnical and structural subsidiary encompassing Soletanche Bachy (foundations, ground improvement), Menard (ground improvement), and Freyssinet. Competes head-to-head with Trevi on metro, dam, and large infrastructure foundation packages, with greater balance-sheet scale.
- Strabag SE: Austrian-based European construction leader with substantial specialty foundation, tunneling, and ground engineering capabilities through its subsidiaries. Competes with Trevi on Central European and Alpine infrastructure projects, especially tunnels and geotechnical works.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Trevi social profiles
Digital presenceTrevi compliance and trust
Trust signalCompliance4 records
Trevi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Trevi leadership team
Management profileNumber of profiles
Profiles1 record
Trevi subsidiaries and ownership
Company hierarchySubsidiaries12 records
Trevi funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Trevi M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Trevi
What does Trevi do?
Trevi is a specialized civil engineering contractor that delivers deep foundation works, soil consolidation, ground improvement, retention systems, and cut-off waterproofing for large-scale infrastructure projects globally. The company executes complex geotechnical packages within dams and levees, marine works, bridges and causeways, metro and rail tunnels, high-rise buildings, and environmental remediation projects, deploying proprietary technologies such as large-diameter bored piles up to 4m diameter and 100m depth, hydromill diaphragm walls, jet grouting, ground freezing, and CFA piles via Trelicon. Services are procured through competitive tendering or direct negotiation with general contractors, government agencies, and project developers, supported by vertically integrated equipment supply through sister company Soilmec.
Is Trevi a public or private company?
Trevi is a private company. It is classified as private equity controlled and is currently operating.
When was Trevi founded?
Trevi was founded in 1957. It employs 251 to 500 people.
Where is Trevi based?
Trevi is headquartered in Cesena, Italy, in the Europe region.
How does Trevi make money?
Two revenue lines are on record. Infrastructure Construction Services are the primary driver. The others are geotechnical Engineering Services.
Who are Trevi's main competitors?
Direct peers on record are Bauer AG, Keller Group plc, Franki Foundations, Menard (Vinci), Bachy Soletanche and Hayward Baker. Fugro N.V. is listed as an emerging player. Broad incumbents are Skanska, Soletanche Freyssinet (Vinci Construction) and Strabag SE.
Does Trevi have an API?
No public API is recorded for Trevi.
What industry is Trevi in?
Trevi's product category is Geotechnical Engineering Services. Its primary akta.pro industry code is IMAFAOAC, Ground Improvement & Soil Stabilization (DSM, Vibro, Grouting, Reinforcement), with a secondary code of IMAFAOAJ, Tunneling & Underground Geotechnics (Ground Treatment, Support, NATM/SEM Interfaces). Its NAICS code is 23891 and its SIC code is 1600.