Femto Technologies S.p.A. made an offer to acquire remaining 39.3% of stake in Prima Industrie SpA (BIT:PRI) for approximately ?100 million on December 6, 2022. The offer price is ?25 cash per share. As of January 2, 2023, Review Period Of Femto Technologies's Bid On Prima Industrie has been Suspended by CONSOB. The Femto Technologies has squeeze out right upon acquisition of a more than 95% stake in Prima Industrie at the same offer price of ?25 cash per share. The offer began on January 30, 2023 and will end on February 22, 2023. Chiomenti Studio Legale acted as legal advisor and Rothschild S.p.A. acted as financial advisor to Femto Technologies. Banca Akros S.p.A. and - Intesa Sanpaolo S.p.A. as intermediary appointed to coordinate the collection of subscriptions.

Giulio Greco and Giuliano Altieri of Oaklins Italy acted as appointed broker for the collection of the shares in the total voluntary public tender offer of 39.3% of Prima Industrie SpA by Femto Technologies SpA.


Femto Technologies S.p.A. completed the acquisition of remaining 39.3% of stake in Prima Industrie SpA (BIT:PRI) on February 22, 2023.