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Datalogic Automation S.r.l. merger is approved.
Bologna 27th March 2009 - The Shareholders of Datalogic Automation S.r.l., Infra S.r.l., Datasensor S.p.A. and Laservall S.p.A. approved yesterday the merger into Datalogic Automation S.r.l., a company operating in the industrial automation market and 100% owned by Datalogic S.p.A.
The subject merger constitutes a significant step ahead in the finalization of the Datalogic Group reorganisation launched during 2007 and aimed to, specifically, the simplification of the Datalogic Automation company structure.
This merger will result in a single entity that will operate in the automatic identification market (fixed position scanners and RFID), detection (sensors) and marking (laser marking systems) for the industrial automation market and it will offer a wide range of automatic data capture solutions helping industries streamline processes in industrial and logistic applications.
This is an important step in the reorganisation process of Datalogic Automation, started at the end of last year, as it will allow, through a deeper integration between the different divisional line of products, a rationalisation of the sales network and a useful exploitation of shared technological platforms.
The merger will be effective for fiscal and accounting purposes as of January 1, 2009 and for legal purposes as of the registration date of the merger act in the Register Office according to Article 2504/bis, second paragraph, Italian Civil Code.
Lastly, it is pointed out that there will be no economic or financial impacts on the consolidated financial statements of Datalogic Group resulting from the merger.
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