Decree of Transfer of Samputensili Machine Tools and Samputensili CLC

EMAG_SU

Bologna, April 21, 2021

As a result of the auction occurred on February 3rd, 2021 in which Samputensili Machine Tools Srl was awarded to the EMAG Group, world-leading company in the manufacturing of a wide range of machine tools like lathes, machining centers, gear cutting, grinding, laser welding and automations systems, SAMP S.p.A. informs that on March, 30th, 2021 the Court of Bologna issued the transfer decree of Samputensili Machine Tools and Samputensili CLC. The two companies will be legally integrated into the new technology company, EMAG SU Srl, controlled by EMAG Milano Srl.

The President of SAMP, Antonio Maccaferri, comments: “This is the result of a long path undertaken in 2019 when the SAMP Group entered in the “Concordato” procedure and it constitutes the evolution of a project aiming to ensure the continuity of a significant international industrial company that has always been strongly rooted in the territory, the comprehensive safeguard of employment levels as well as the protection and enhancement of know-how.

I wish to sincerely thank all the staff from SUMT and SUCLC and all those who have believed with us in this project and whose commitment and ongoing work have contributed to the achievement of this important result.”

The CEO of Samputensili Machine Tools, Enrico Landi, comments: “It’s a great pleasure to announce the start of this project. Very important synergies will be implemented among one of the biggest group in the international machine tool sector, like EMAG, and two highly specialized companies in the sector of gears and rotors, like Samputensili Machine Tools and Samputensili CLC. The project ensures continuity to a valuable Italian industrial company and consists in the creation of a reference technological center, bringing a strong contribution to complete the EMAG product range offered on the market”.