ASSA ABLOY, through its subsidiary, HID Global SAS, acquires 98.5% of Evolis in France and confirms the forthcoming filing of a public tender offer to acquire the remaining Evolis shares
Pursuant to the Press Release of July 19, ASSA ABLOY has acquired, through its subsidiary HID Global SAS (“HID”), approximately 98.5 percent of the shares of Evolis S.A. (“Evolis”), a Euronext Growth company listed in Paris and the leading French manufacturer of ID card printers and consumables. In particular, HID purchased all of the Cedys & Co S.A.S. (“Cedys”) shares resulting in the indirect acquisition of approximately 84.4 percent (i.e. 4,407,707 shares) of the Evolis shares held by Cedys and the direct acquisition of 14.0 percent of Evolis shares from each of Crédit Mutuel Equity SCR