Atlas Copco Germany Holding AG, has requested a freeze out of the minority shareholders in the global machine vision specialist, ISRA VISION AG. This step has been rolled out in the intention to carry out a merger between two companies. The minority shareholders will receive satisfactory cash compensation in exchange for the transfer of their shares. The voluntary public takeover offer of ISRA VISION was announced on February 10, 2020 followed by the settlement on June 24, 2020. Atlas Copco, the legal entity created for the takeover offer, holds 92.19% of the shares in ISRA VISION.

Regarding the merger, the recently created Atlas Copco Germany Holding AG will relocate from Essen to Darmstadt and will be renamed ISRA VISION AG. The governance structure and memberships in the management board & supervisory board will be orchestrated as anticipated in the Business Combination Agreement between the aforementioned parties. During the merger, all employees will transfer to new ISRA VISION by operation of law. Also, ISRA VISION will continue to operate under the same brand with its headquarter in Darmstadt and becomes another division within the Atlas Copco Group's Industrial Technique business area.

For more information: www.atlascopcogroup.com