MARR — M&A Activity 2018

May 25, 2018

Informazione Regolamentata n. 0765-13-2018		Data/Ora Ricezione 25 Maggio 2018 17:53:52	MTA - Star
Societa'	:	MARR
Identificativo Informazione Regolamentata	:	104398
Nome utilizzatore	:	MARRN01 - Tiso
Tipologia	:	REGEM
Data/Ora Ricezione	:	25 Maggio 2018 17:53:52
Data/Ora Inizio Diffusione presunta	:	25 Maggio 2018 17:53:53
Oggetto	:	Merger by incorporation into MARR S.p.A. of DE.AL. Srl and Speca Alimentari S.r.l. – Filing and publication of the merger project
Testo del comunicato

Vedi allegato.

Merger by incorporation into MARR S.p.A. of the fully owned DE.AL. – S.r.l. Depositi Alimentari e Speca Alimentari S.r.l. – Filing and publication of the merger project.

Rimini, 25 May 2018 – MARR S.p.A. (Milan: MARR.MI), the leading company in Italy in the distribution of food products to the foodservice, inform that during the course of meeting of 14 May 2018, the Board of Directors also approved the planned merger by incorporation into MARR S.p.A. of the fully owned companies DE.AL. – S.r.l. Depositi Alimentari e Speca Alimentari S.r.l..

The merger is aimed at achieving rationalisation in terms of economic, financial and administrative management, given that DE.AL. – S.r.l. Depositi Alimentari e Speca Alimentari S.r.l. are companies whose activities are limited to the leasing of the going concerns to the parent company MARR S.p.A..

The operation is excluded from the scope of application of the Procedure for Operations with Related Parties adopted by MARR S.p.A., as it involves subsidiary companies and there are no significant interests for other related parties of MARR S.p.A.; it is also excluded from the obligation of publication of the information document under art. 70, paragraph 6 of Consob Issuers Regulation 11971/1999, as it involves fully controlled subsidiary companies.

In compliance with the laws and regulations currently in force, the merge projectr, also pursuant to and by effect of art. 2505, paragraph 3 of the Civil Code, was today filed for registration in the Rimini Companies Register and has been made available to the public at the company's legal headquarters, on the MARR website www.marr.it and on the authorised storage mechanism , together with the financial statements of the companies involved in the merger operation updated to 31 December 2018. The financial statements of the companies for the last three business years are also available at the company's legal headquarters.

The merger will be submitted for approval in a future meeting of the Board of Directors and the additional documentation required by the laws in force, including the minutes of the merger resolutions, will be made available to the public under the terms and methods of the laws and regulations in force.

MARR (Cremonini Group), listed on the STAR segment of the Italian Stock Exchange, is the leading Italian company in the specialised distribution of food products to the foodservice and is controlled by Cremonini S.p.A..

With an organisation comprising more than 800 technical sales agents, MARR serves over 45,000 customers (mainly restaurants, hotels, pizza restaurants, holiday resorts and canteens), with an offer that includes over 10,000 food products, including seafood, meat, various food products and fruit and vegetables. The company operates nationwide through a logistical-distribution network composed of 34 distribution centres, 5 cash & carry, 4 agents with warehouses and over 700 vehicles.

In 2017 the MARR group achieved total consolidated revenues amounting to 1,624.6 million Euros, consolidated EBITDA of 116.0 million Euros and consolidated net profit of 65.5 million Euros.

For more information about MARR visit the company's web site at www.marr.it

Investor relations Antonio Tiso atiso@marr.it tel. +39 0541 746803