Amaro (UD), 1 avril 2006.
Après l'accord signé entre Eurotech et Spectris plc le 3 février 2006, le Conseil d'Administration d'Eurotech S.p.A a approuvé aujourd'hui l'acquisition du groupe Arcom Group. L'acquisition comprend 100 % du capital émis d'Arcom Control Systems Ltd (société basée à Cambridge, Royaume-Uni) et d'Arcom Control Systems Inc (dont le principal centre d'activités se trouve à Kansas City, USA).
Le chiffre d'affaires consolidé d'Arcom Group en 2005 était de 29 millions USD avec une EBTIDA de 11 % (source: Spectris plc)
The total amount paid by Eurotech in relation to the acquisition of the Arcom Group was US$ 26 million, cash free and debt free, other than trade debts.
Of the US$ 26 million, Eurotech paid US$ 2 million on 3 February 2006 as consideration for an option and exclusivity period granted by Spectris plc. The balance of US$ 24 million was paid today on completion of the acquisition.
Of the total amount paid, €16 million was funded by an unsecured loan for a term of eight years from Banca Popolare Friuladria S.p.A., Friulcassa S.p.A. and Unicredit Banca S.p.A. The balance was provided out of Eurotech's available funds.
The acquisition is a very significant transaction; the Issuer, in accordance with Article. 71 of the Italian Listing Rules, shall make the information document available to the public within 15 days from the date of completion, pursuant to Schedule 3B of the above Listing Rules.
THE EUROTECH GROUP
Eurotech (ETH.MI) operates in the research, development, production and marketing of miniature computers (Nano-PC) and high performance computers (HPC).
THE ARCOM GROUP
The Arcom Group operates in the Nano-PC (miniature computers) sector in both the USA and the UK with clients in the energy, transportation and industrial markets.
Eurotech S.p.a. www.eurotech.com
Contacts:
Investor relations
Massimo Mauri
Tel. 0433-485411
e-mail: [email protected]
Communications department
Barbara Razzini
Tel. 0433-485411
e-mail: [email protected]
Press office:
Community
Consulenza nella comunicazione
Marco Rubino
Tel. 02-89404231
e-mail: [email protected]