AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Esprinet

M&A Activity Aug 2, 2023

4497_tar_2023-08-02_6b3233ea-f7c5-4fcf-a5e3-0662406e1f05.pdf

M&A Activity

Open in Viewer

Opens in native device viewer

Informazione
Regolamentata n.
0533-35-2023
Data/Ora Inizio
Diffusione
02 Agosto 2023
13:25:04
Euronext Star Milan
Societa' : ESPRINET
Identificativo
Informazione
Regolamentata
: 179945
Nome utilizzatore : ESPRINETN05 - Perfetti
Tipologia : REGEM
Data/Ora Ricezione : 02 Agosto 2023 13:03:18
Data/Ora Inizio
Diffusione
: 02 Agosto 2023 13:25:04
Oggetto : ESPRINET: EXECUTION OF CLOSING
FOR THE ACQUISITION OF SIFAR
GROUP DISTRIBUTOR OF SPARE
PARTS FOR THE REPARING OF
SMARTPHONE AND TABLET
Testo del comunicato

Vedi allegato.

Press release pursuant to CONSOB Regulation no. 11971/99

ESPRINET: EXECUTION OF CLOSING FOR THE ACQUISITION OF SIFAR GROUP DISTRIBUTOR OF SPARE PARTS FOR THE REPARING OF SMARTPHONE AND TABLET

Vimercate (Monza Brianza), 02 August 2023 – ESPRINET (PRT:IM), leading Group in Southern Europe in advisory services, sale and rental of technological products and cybersecurity, announced that, in accordance with the previous communication of 19 July 2023, it finalized today the acquisition, of 100% of the share capital of Sifar Group S.r.l., a company governed by Italian low, active since 2012 in the B2B distribution of components and accessories of smartphones and tablets

The portion of the agreed upon price at the closing, equal to Euro 9.3 million - was paid in full today in cash and using the available financial resources.

The transaction is consistent with the Esprinet Group's strategy outlined in the 2022-2024 Strategic Plan of focusing on high margin business lines, and also in relation to the strong engagement of our Group towards ESG principles, that aiming at seizing all the opportunities that can be integrated into our sustainability strategy, including investments in environmentally friendly products and services. The distribution of components and spare parts for the repairing of smartphones and tablets aims at extending products life cycle, helping to minimize the generation of electronics waste and meeting the new needs of the circular economy.

ESPRINET has been supported by Studio Legale Chiomenti and EY Advisory S.p.A. The counterparties were assisted by Studio Legale Gitti & Partners and by Studio Maria Nella Palandri.

Esprinet is an enabler of the technological ecosystem, promoting tech democracy with a strong vocation for environmental and social sustainability. With a comprehensive offering of advisory services, IT security, services and products for sale or rental through an extensive network of professional resellers, Esprinet is the leading Group in Southern Europe (Italy, Spain and Portugal), the fourth in Europe and in the top ten at the global level. Boasting more than 1,800 employees and € 4.7 billion in turnover in 2022, Esprinet (PRT:IM – ISIN IT0003850929) is listed on Borsa Italiana, the Italian stock exchange.

Press release available on www.esprinet.com and on

For further information:

ESPRINET S.p.A. ESPRINET S.p.A. Tel. +39 02 404961 Tel. +39 02 404961 Giulia Perfetti Paola Bramati

INVESTOR RELATIONS CORPORATE COMMUNICATION

[email protected] [email protected]

CORPORATE COMMUNICATION CONSULTANTS

BARABINO & PARTNERS

Tel: +39 02 72023535

Federico Vercellino Linda Battini E-mail: [email protected] E-mail: [email protected] Mob: +39 331 5745171 Mob: +39 347 4314536

Talk to a Data Expert

Have a question? We'll get back to you promptly.