MILAN, Apr 18 (Class Editori) – Russia, China, Indonesia and Singapore. These are some of the countries on the Antares Vision internationalization map. The company specialized in vision control systems and traceability solutions intends to grow in foreign markets through acquisitions.
"We are leaders in Europe. We are the first non-American manufacturer in the United States. The future is in Russia, Asia, China, Indonesia, Singapore, South America and North Africa", explained the managing director Emidio Zorzella entering the AIM.
The company founded in 2007 has entered the stock exchange through the Spac Alp.I (promoted by Mediobanca, Stefano Giambelli, Roberto Marsella, Massimo Perona and Stefano Rangone and listed on the AIM since 2018) which will invest 70 million euros. Antares Vision thus becomes the 21st company entering the stock exchange helped by one of these financial vehicles.
In 2018 the company closed its balance sheet with 118.5 million euros of revenues (+26.1% compared to 81.3 million euros in 2017), an EBITDA of 33.3 million euros (+40.5%), an EBIT of 32.4 million euros (+42.1%) and a net profit up 41.6% to 22.8 million euros.
Therefore, the liquidity coming from the transaction with Alp.I will allow acquisitions in a highly fragmented market. "The opening of capital to the market is a strategic step to continue the path begun in 2007 and support the industrial development plan," the CEO added.
"We propose ourselves as a technological platform where we will try to aggregate other realities that have our competences. It will be one of the roads", explained Zorzella, founder of Antares together with Massimo Bonardi, "We certainly have ideas, then we will have to translate them into facts", explained the manager who also emphasized the development of new geographical areas.
In the operation importation on AIM, Antares Vision was assisted by Equita Sim as Nomad and Specialist, by Rothschild & Co, as financial advisor, by the Orsingher Ortu firm as legal advisor, by Gattai Minoli Agostinelli & Partners in that of tax advisor and of EY as auditor.
Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.