Press Releases

Press Releases

Press Releases

Soredi Touch Systems Gmbh acquisition completed

Bologna, 6th of July 2017 – Datalogic S.p.A. (Borsa Italiana S.p.A.: DAL), a company listed in the STAR Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A. (“Datalogic”) and global leader in the automatic data capture and process automation markets, announces that as today Datalogic has finalized the acquisition of the company SOREDI Touch Systems GmbH, a German company leader in technology for terminals and in particular forklifts terminals, as previously announced the last June 6th 2017.

SOREDI Touch Systems GmbH, established in 2009 and headquartered in Olching (Munich), realized in 2016 revenues amounting to 6,9 million Euros and has 16 employees.

The transaction provides for a Datalogic maximum comprehensive financial commitment amounting to 10 mln/€, of which 8 million Euros in cash and 2 million Euros through Datalogic own shares. As a consequence of such transaction, Datalogic acquires the 100% of share capital of SOREDI Touch Systems GmbH and the trademark “SOREDI”.

At today’s Closing, Datalogic paid 6 million Euros in cash and 2 million Euros through Datalogic own shares (equal to 85.215 number of shares). The remaining part equal to 2 million Euros shall be paid by Datalogic within 2021.