Merger of ISRA Vision into Atlas Copco

The voluntary public takeover offer of the global machine vision specialist was announced February 10, 2020. The settlement took place June 24th and Atlas Copco Germany Holding AG, the legal entity created for the takeover offer, holds 92.19% of the shares in Isra Vision.

Area Profile Scanner 3D (Source: ISRA Vision)

As a next step, Atlas Copco Germany Holding AG, informed the management board of Isra Vision AG in August of its intention to carry out a merger of Isra Vision into Atlas Copco Germany Holding AG, and in connection with that has requested a squeeze-out of the minority shareholders. They were offered an adequate cash compensation in exchange for the transfer of their shares.

In connection with the merger, the newly created Atlas Copco Germany Holding AG will relocate its seat from Essen to Darmstadt and will be renamed Isra Vision AG. The governance structure and memberships in management board and supervisory board are arranged as foreseen in the business combination agreement between Atlas Copco and Isra Vision. In the course of the merger, all employees transfer to new Isra Vision by operation of law.

Isra Vision specializes in machine vision solutions with leading technologies for surface inspection and 3D vision for robot guidance, quality inspection and 3D metrology operating through two business segments, Industrial Automation and Surface Vision. The company has a global presence with operations in over 25 locations and more than 800 employees and is headquartered in Darmstadt, Germany.

As previously communicated, Isra Vision will continue to operate under the same brand with its headquarter in Darmstadt and has now become a new division within the industrial technique business area. (Sources: Isra Vision / Atlas Copco)

Links: ISRA VISION AG, Darmstadt, GermanyIndustrial Technique business area, Atlas Copco AB, Nacka, Sweden

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