Sabaf

M&A Activity • Jun 24, 2016

Informazione Regolamentata n. 0226-84-2016		Data/Ora Ricezione 24 Giugno 2016 15:56:54	MTA - Star
Societa'	:	SABAF
Identificativo Informazione Regolamentata	:	76082
Nome utilizzatore	:	SABAFN03 - Beschi
Tipologia	:	IROS 01
Data/Ora Ricezione	:	24 Giugno 2016 15:56:54
Data/Ora Inizio Diffusione presunta	:	24 Giugno 2016 16:11:55
Oggetto	:	Sabaf: acquisition of 70% stake in ARC s.r.l. concluded
Testo del comunicato

Vedi allegato.

Press release Ospitaletto (BS), 24 June 2016

SABAF: ACQUISITION OF 70% STAKE IN ARC s.r.l. CONCLUDED

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Sabaf S.p.A. today announced that it has finalised the agreement for the acquisition from Loris Gasparini and Roberta Calore of a 70% stake in ARC s.r.l., leader in Italy in the manufacture of burners for professional cooking, under the terms previously communicated on 9 June 2016.

For more information:

Investor Relations	Press Office
Gianluca Beschi	Power Emprise - tel. +39 02 39400100
tel. +39 030 6843236	Cosimo Pastore – +39 335 213305
gianluca.beschi@sabaf.it	cosimopastore@poweremprise.com
www.sabaf.it	Erminia Cannistrà - +39 340 8684279
	erminiacannistra@poweremprise.com
	Claudia Caracausi - +39 338 4476613
	ccaracausi@twistergroup.it

Founded at the beginning of the 1950s, SABAF has grown constantly and has today become the main producer in Italy and one of the world's leading producers of components for kitchens and gas-burning domestic appliances.

Production is based on four main lines: valves, thermostats and burners for gas-burning appliances and hinges for ovens, washing machines and dishwashers.

Technological know-how, production flexibility and the capacity to offer a wide range of components – also planned on the basis of the needs of individual kitchen producers, hob ranges and built-in ovens, and in line with the specific characteristics of the various reference markets – are SABAF's main strong points in a highly specialised sector, in which demand is continuously evolving and increasingly oriented towards products which guarantee absolute reliability and safety.

The Sabaf Group employs more than 700 persons and operates together with the parent company SABAF S.p.A. and with the subsidiaries Faringosi Hinges, leader in the production of hinges for ovens and dishwashers, Sabaf do Brasil, Sabaf Turkey and Sabaf China, operating in the production of burners.