Emak: clarification of press rumours

Bagnolo in Piano (RE), 9 March 2017 – In relation to the information published by some media, Emak S.p.A. points out that negotiations are under way for a possible acquisition by the controlled company Comet S.p.A. of Lavorwash S.p.A., based in Pegognaga (Mantova), head of a group that designs, manufactures and markets a wide range of machines for the cleaning sector. No binding agreement has been signed as yet.

The signing of the preliminary agreement, subject to the outcome of the due diligence activity that is currently being carried out on the company and the group of foreign subsidiaries, is scheduled for the second quarter of the year.

The company commits to update the market on the evolution of the negotiation.