MARR — M&A Activity 2023

Dec 20, 2023

Informazione Regolamentata n. 0765-44		Data/Ora Inizio Diffusione 20 Dicembre 2023 17:47:11	Euronext Star Milan
Societa'	:	MARR
Identificativo Informazione Regolamentata	:	184670
Nome utilizzatore	:	Tiso
Tipologia	:	REGEM
Data/Ora Ricezione	:	20 Dicembre 2023 17:47:11
Data/Ora Inizio Diffusione	:	20 Dicembre 2023 17:47:11
Oggetto	:	MARR: Merger by incorporation into MARR S.p. A. of the wholly owned company AS.CA S.p.A. - 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 AS.CA S.p.A. - Filing and publication of the Merger Project.

Rimini, 20 December 2023 - 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 AS.CA S.p.A. was filed with the competent Register of Companies, as well as published on the website www.marr.it and at the authorized storage mechanism .

The company AS.CA S.p.A. since 1 February 2020 has leased its going concern to the parent company MARR S.p.A..

It should be also noted that copies have been filed 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 analogous 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 900 sales agents, the MARR Group serves about 55,000 customers (mainly restaurants, hotels, pizza restaurants, holiday resorts and canteens), with an offer that includes over 25,000 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 850 vehicles.

MARR achieved total consolidated revenues in 2022 of 1,930.5 million Euros (1,456.3 million in 2021) with a consolidated EBITDA of 82.1 million Euros (90.5 million in 2021) and net consolidated profits of 26.6 million Euros (35.1 million in 2021).

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/sustainability/report-and-esg

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

Fine Comunicato n.0765-44	Numero di Pagine: 3
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