Brief: ILPRA Buys 51% of Eltec Srl

ILPRA SpA

10/05/2019 11:49

May 10 (Reuters) - ILPRA SpA  ILP.MI :
    * SAID ON THURSDAY THAT IT ACQUIRED 51% OF ELTEC SRL 
    * TRANSACTION WAS CARRIED OUT VIA SUBSCRIPTION OF CAPITAL
INCREASE
OF ELTEC FOR EUR 101,283 INCLUDING PREMIUM, PAID IN CASH 
    * REMAINING 49% OF ELTEC'S CAPITAL TO BE HELD BY HISTORIC
SHAREHOLDERS: ELENA BOSSI (24.01%) AND LUIGI BOSSI (24.99%)
    * ELTEC SRL, LOCATED IN GAMBOLO, ITALY, PRODUCES END-OF-LINE
AUTOMATED SYSTEMS FOR CANNING AND PALLETIZING PRODUCTS FOR
WOODWORKING SECTOR

    
 Source text - https://bit.ly/2vMwgwU
    
 Further company coverage:  ILP.MI  
   


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