Treviso, February, 7, 2023 – Rationalizing and simplifying the corporate structure to achieve greater efficiency, economies of scale and synergies on the one hand, while on the other to respond more promptly and precisely to customers’ needs to penetrate markets even more deeply and broadly. This is the rationale behind the two corporate simplification transactions initiated by SolidWorld Group, which have seen the merger of the subsidiary SolidEngineering Srl into SolidWorld Group and the merger of the two subsidiaries Technimold Srl and CAD Manager Srl into Energy Group.
The two transactions effectively create two strategic hubs of excellence dedicated to engineering software and 3D design (with the merger of SolidEngineering into the subsidiary SolidWorld Group) and 3D printing (with the merger of Technimold SRL and CAD Manager Srl into Energy Group).
Both mergers are part of a broader process of corporate simplification decided by the SolidWorld Group and set out at the listing last July. The goal is to develop the operational, commercial and administrative synergies of the companies that make up the Group, enabling the rationalization and optimization of decision-making levels, resource management and of overheads, with benefits also for obtaining funding.
Roberto Rizzo, founder and Chief Executive Officer of SolidWorld Group, stated “We have put in place another key piece for our growth trajectory, as announced on listing: the process of corporate simplification to attain economies of scale and greater efficiency. The transactions will strengthen our position as a domestic and international leader in these two specific areas for all companies determined to launch transformation processes in the 4.0 sphere.”
The complex reverse merger initiated by SolidWorld Group on September 5 last was also recently concluded, which – through the involvement of two other mechatronics players (ABM Work S.r.l. and Tecknoalliance) – has strengthened the capital base and renewed the skills and shareholder structure of SolidFactory, the company that brings together multiple areas of strategic expertise (mechatronic engineering, automation, robotics and digital analytics), for factory automation and digitization. Other simplification transactions are planned for the coming year.
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SolidWorld Group S.p.A. SolidWorld Group S.p.A. leads a consortium of 11 companies founded in the early 2000s by engineer Roberto Rizzo Listed on the Euronext Growth Milan segment, the Group is a leader in the development and integration of the most advanced and comprehensive 3D digital technologies, both in software and hardware, within manufacturing companies to support and accelerate their transformation towards Industry 4.0. Thanks to SolidWorld, all stages of
from manufacturing to sales and recycling, are integrated through technologies that make the production process faster, more sustainable, and efficient. Operating through 14 locations and 3 technological hubs, it boasts over 150 employees and serves more than 8,000 client companies. Nel 2021 il Gruppo SolidWorld ha registrato un valore della produzione per circa 58 milioni di euro (dati consolidati pro-forma al 31 dicembre 2021), in crescita del 16% rispetto al dato consolidato 2020. Since July 6, 2022, the company has been listed on the Euronext Growth Milan segment of the Italian Stock Exchange (ticker symbol S3D).
Contacts:
Investor Relator
Elisabetta Cammarata
investor@solidworld.it
IR Advisor
TWIN Srl
Mara Di Giorgio
Tel: +39 3357737417
Email: mara@twin.services
Alessandra Capuzzo
Tel: +39 3335461162
Email: alessandra@twin.services
Corporate Media Relations
TWIN Srl
Daniele Quarello
Tel: +39 3479282119
Email: daniele@twin.services
Tommaso Pesa
Tel: +39 3470735670
Email: tommaso@twin.services
EURONEXT GROWTH ADVISOR & SPECIALIST
Integrae SIM | info@integraesim.it | T: 02 9684 6864| Piazza Castello, 24 Milano
