MARR — M&A Activity 2022

Aug 4, 2022

Informazione Regolamentata n. 0765-24-2022		Data/Ora Ricezione 04 Agosto 2022 15:25:37	Euronext Star Milan
Societa'	:	MARR
Identificativo Informazione Regolamentata	:	165844
Nome utilizzatore	:	MARRN01 - Tiso
Tipologia	:	REGEM
Data/Ora Ricezione	:	04 Agosto 2022 15:25:37
Data/Ora Inizio Diffusione presunta	:	04 Agosto 2022 15:25:38
Oggetto	:	MARR: Merger by incorporation into MARR S.p.A. of the wholly owned company CHEF S.r.l. Unipersonale - Filing and publication of the Merger Project
Testo del comunicato

Vedi allegato.

press release

MARR: Merger by incorporation into MARR S.p.A. of the wholly owned company CHEF S.r.l. Unipersonale - Filing and publication of the Merger Project.

Rimini, 4 August 2022 - MARR S.p.A. (Milan: MARR.MI), the leading company in Italy in the marketing and distribution to the foodservice of food and non-food products, announces that, today, the merger project by incorporation into MARR S.p.A. of the fully owned company CHEF S.r.l. Unipersonale was filed with the competent Register of Companies, as well as published on the website www.marr.it and at the authorized storage mechanism .

It is also noted that copies have been deposited at the registered office of MARR S.p.A. of the merger project and of the financial statements of the last three financial years of the companies concerned. In accordance with the analogical application of the provisions of art. 2505-bis paragraph 1 of the civil code, companies are exempted from the obligation to prepare the reference balance sheets.

The decision regarding the merger will be adopted for MARR S.p.A. by the Board of Directors, as required by art. 21 of the By-Laws, without prejudice to the possibility for shareholders holding shares representing at least 5% of the share capital, to request, pursuant to art. 2505 paragraph 3 of the Italian Civil Code, within 8 days from the filing of the merger project with the Register of Companies, that the decision is taken at the shareholders' meeting.

MARR (Cremonini Group), listed on the Euronext STAR Milan 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 over 850 sales agents, the MARR Group serves over 50,000 customers (mainly restaurants, hotels, pizza restaurants, holiday resorts and canteens), with an offer that includes over 20,000 food products, including seafood, meat, various food products and fruit and vegetables and a significant offer of green, sustainable and Made in Italy products (https://catalogo.marr.it/catalogo).

MARR operates nationwide through a logistical-distribution network composed of more than 40 distribution units, some of which with cash&carry, and uses over 800 vehicles.

MARR achieved total consolidated revenues in 2021 of 1,456.3 million Euros (1,073.7 million in 2020 and 1,695.8 million in 2019, pre-pandemic) with a consolidated EBITDA of 90.5 million Euros (39.4 million in 2020) and net consolidated profits of 35.1 million Euros (-2.4 million in 2020).

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

The MARR's Sustainability Report is available at web page www.marr.it/en/sostenibilita/bilancio-di-sostenibilita

Investor Relator

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