(Finance) – Technoprobea company listed on Euronext Milan and active in the design and production of Probe Cards used for semiconductor testing, announced that it has been the deed of merger by incorporation of the wholly-owned subsidiary DIS Tech Italia was signed in Technoprobe.
The merger by incorporation in question here arises from the need to proceed with the concentration within the incorporating company of the activities carried out by the absorbed company and a shortening of the control chain of the corporate group. Through this corporate reorganization the aim is tooptimization of resource management and of the economic-financial flows deriving from the same activities currently split between the two companies, as well as achieving some non-negligible synergies deriving from the elimination of duplications and corporate and administrative overlaps, with consequent savings in general costs due to the exercise of the activity business through a single company instead of the current two.