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Exprivia to acquire 52% stake in Datilog
[November 20, 2009]

Exprivia to acquire 52% stake in Datilog


Nov 20, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- Exprivia SpA, a provider of technology solutions and consulting services, has signed a preliminary agreement to acquire a 52% stake in Datilog S.r.l. Both the companies are based in Italy.

Datilog provides automation solutions for warehouses and distribution centers.

The acquisition is expected to finalize within the first quarter of 2010.


Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2009-11-17 Deal Participants Target (Company) Datilog S.r.l.

Acquirer (Company) Exprivia SpA Deal Rationale The acquisition of Datilog will support the strategic plan of growth of Exprivia in manufacturing and distribution with application solutions and design capabilities with high added value based on SAP.

% Acquisition 52%

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