Squeeze-out of minority shareholders in ISRA VISION AG completed
May 18, 2021
Nacka, Sweden, May 18, 2021: After the squeeze-out of all minority shareholders, the merger of ISRA VISION AG into Atlas Copco has been completed. ISRA VISION AG is now a wholly owned subsidiary of Atlas Copco Holding GmbH.
In February 2020, a voluntary public takeover offer for the global machine vision specialist was announced. The settlement of the takeover offer took place in June 2020 resulting in a shareholding of Atlas Copco in ISRA VISION AG of 92.19%.
In August 2020, Atlas Copco announced its intention to carry out a merger of ISRA VISION AG into its majority shareholder Atlas Copco Germany Holding AG, and in connection with such process, requested a squeeze-out of the remaining minority shareholders.
As a result of the now completed merger squeeze-out, ISRA VISION AG has become a wholly owned subsidiary of Atlas Copco Holding GmbH and will automatically delist from the stock exchanges.
ISRA VISION specializes in machine vision solutions with leading technologies for surface inspection and 3D vision for robot guidance, quality inspection and 3D metrology. The company has a global presence with operations in over 25 locations and close to 900 employees and is headquartered in Darmstadt, Germany. ISRA VISION will continue to operate under the same brand also after the merger squeeze-out.
As previously communicated, ISRA VISION is since the settlement of the takeover offer part of the new Machine Vision Solutions division, within the Industrial Technique business area.
For more information please contact:
Atlas Copco Group
Our industrial ideas empower our customers to grow and drive society forward. This is how we create a better tomorrow. Atlas Copco is a global industrial group, founded in 1873 in Stockholm. In 2020 we had revenues of BSEK100 (BEUR 10) and at year end about 40 000 employees.