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Datalogic

M&A Activity Mar 8, 2024

4452_rpt_2024-03-08_c8253377-6d3c-4af4-b1d4-ed790f35f89d.pdf

M&A Activity

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Informazione
Regolamentata n.
0508-4-2024
Data/Ora Inizio Diffusione
8 Marzo 2024 08:01:59
Euronext Star Milan
Societa' : DATALOGIC
Identificativo Informazione
Regolamentata
: 187073
Utenza - Referente : DATALOGICN01 - Colucci
Tipologia : 2.2
Data/Ora Ricezione : 8 Marzo 2024 08:01:59
Data/Ora Inizio Diffusione : 8 Marzo 2024 08:01:59
Oggetto : Datalogic sells 100% non-strategic stake in
Informatics Holdings, inc.
Testo
del
comunicato

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PRESS RELEASE

DATALOGIC (Star: DAL)

DATALOGIC SELLS 100% NON-STRATEGIC STAKE IN INFORMATICS HOLDINGS, INC.

Bologna, 8 March 2024 - Datalogic S.p.A. (Borsa Italiana S.p.A.: DAL), a listed company on Euronext STAR Milan Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A. and a global leader in the automatic data capture and industrial automation segments, announces the sale of its 100% share capital in Informatics Holdings, Inc. (Informatics), a company actively engaged in the marketing and distribution of software products and solutions tailored for small and medium-sized companies, headquartered in Plano, Texas.

Valentina Volta, CEO of Datalogic Group, commented: "We are delighted to have successfully completed the disposal of Informatics, a company that became part of our Group back in 2005 and has consistently operated in a distinct business sphere from Datalogic.

With the disposal of Informatics, Datalogic is now a Group fully dedicated to pursuing a growth strategy in its core business of automatic identification and industrial automation, along with the development of highvalue-added solutions within this field.

The proceeds from the transaction provide the Group with additional financial resources to support growth, both organically and through M&A.

We extend our gratitude to the Management and employees of Informatics for their dedication during their years with the Datalogic Group and for their contributions to the success of the transaction. We are confident that the new shareholder will fully capitalize on the company's long-term growth potential and its people."

The transaction involves the sale by Datalogic S.p.A. of its 100% stake in Informatics to an affiliate of the U.S. private equity firm Renovo Capital LLC. The disposal value was agreed upon at USD 34 million.

The signing and closing of the transaction took place simultaneously on March 7th , 2024.

EC M&A, acting as financial and strategic advisor, and White & Case, acting as legal advisor, advised Datalogic.

***

Datalogic Group

The Datalogic Group has been a global technology leader in the automatic data capture and factory automation markets since 1972, specialised in the design and production of barcode readers, mobile computers, detection, measurement and safety sensors, machine vision and laser marking systems. Datalogic solutions help increase the efficiency and quality of processes in the Retail, Manufacturing, Transportation & Logistics, and Healthcare industries along the entire value chain.

The main global players in the four target industries use Datalogic products, confident of the customer attention and quality the Group has guaranteed for 50 years now.

Today the Datalogic Group, headquartered in Lippo di Calderara di Reno (Bologna, Italy), employs over 3,000 people worldwide, spread over 29 countries, with 11 manufacturing and repair facilities in the United States, Hungary, Slovakia, Italy, China, Vietnam and Australia, 11 R&D centres and 3 Datalogic Labs in Italy, the United States, Vietnam, the Czech Republic and China.

In 2022, Datalogic recorded sales of €654.6 million and invested over €62 million in Research & Development, with a portfolio of approximately 1,200 patents and patent applications.

Datalogic S.p.A. has been listed in the Euronext STAR Milan segment of the Italian Stock Exchange since 2001 as DAL.MI. Learn more about Datalogic at www.datalogic.com.

Datalogic and the Datalogic logo are registered trademarks of Datalogic S.p.A. in many countries, including the U.S.A. and the E.U.

Contacts DATALOGIC S.p.A. Investor Relations: Alessandro D'Aniello

Tel. 051 31 47 011 [email protected]

Investor Relations Advisor CDR Communication S.r.l. Vincenza Colucci Tel. 051 31 47 011 - 3356909547 [email protected]

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