Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Prima Industrie M&A Activity 2022

Oct 31, 2022

4210_iss_2022-10-31_ca67a573-c732-4847-870f-97e50a472ae2.pdf

M&A Activity

Open in viewer

Opens in your device viewer

BORSA ITALIANA - STAR segment

PRESS RELEASE

(issued pursuant to Article 114 of Legislative Decree 58/1998 and to Article 17 of the EU Regulation no. 596/2014 (s.c. "Market Abuse Regulation") on behalf of Femto Technologies S.p.A.)

Obtainment of the EU Commission clearance for the acquisition by Femto Technologies

Fulfillment of the antitrust condition

* * * * *

October 31st, 2022 – It is announced that, on October 28, 2022 (with communication notified on October 31, 2022) the European Union Commission has authorized the acquisition of a control shareholding by Femto Technologies in the share capital of Prima Industrie.

It is reminded that the obtainment of such approval was one of the Conditions Precedent to Closing of the Sales and Purchases, and therefore such specific Condition Precedent shall be considered as fulfilled.

For further information on the Closing and on the other Conditions Precedent of the Sales and Purchases, please refer to to the press release published on 18 August 2022, 10 October 2022 and 24 October 2022.

Unless otherwise defined in this press release, capitalised terms have the same meaning ascribed to them in the press release published on 18 August 2022.

PRIMA INDUSTRIE heads a Group leader worldwide in developing, manufacturing and marketing of laser systems for industrial applications, sheet metal processing machinery as well as industrial electronics, laser sources and solution for additive manufacturing.

  • The parent company Prima Industrie S.p.A. is listed on the Italian Stock Exchange since 1999 (MTA- STAR segment).
  • With over 40 years of experience, the Group has an installed base of about 14,000 machines in more than 80 countries and is positioned among the main worldwide manufacturers within its own reference market.

Prima Industrie Group is structured on four Business Units:

Prima Power – development, production and marketing of laser and sheet metal processing (2D and 3D laser machines, laser drilling systems, punching and combined systems, bending and paneling systems);

Prima Electro – development, production and marketing of embedded electronics for industrial applications;

Convergent Photonics – development and production of diodes and laser sources, both industrial and medical;

Prima Additive – development, production and marketing of additive manufacturing solutions with Powder Bed Fusion and Laser Metal Deposition technologies.

For further information:

The Group has about 1,700 employees, manufacturing sites in Italy, Finland, USA and China and a direct commercial and after-sale presence worldwide.

PRIMA INDUSTRIE S.p.A. STUDIO MAILANDER Chiara Roncolini Carlo Dotta Investor Relator Ufficio Stampa [email protected] [email protected]

tel. 011 4103204 tel. 011 5527311 mob. 333 2306748