Atlas Copco to partner with global machine vision specialist ISRA VISION AG through public takeover offer
Stockholm, Sweden, February 10, 2020: Atlas Copco and German-listed ISRA VISION AG have signed a Business Combination Agreement (BCA) to create a new division for ISRA VISION within the Business Area Industrial Technique. As part of the agreement, Atlas Copco will launch a voluntary public takeover offer at EUR 50 per share in cash for all outstanding shares of ISRA VISION. Atlas Copco has already secured 34.9 percent of the shares via irrevocable undertakings from various shareholders, including CEO and founder Mr. Enis Ersü, and via a share purchase agreement with Kabouter Management, LLC.