iVision Tech S.p.A. announces that today the agreements signed on October 15, 2024, regarding the acquisition of a 45% minority stake in the share capital of Molex Zetronic S.r.l. have been fully executed. Molex Zetronic S.r.l. is a Padua-based company belonging to the American multinational group Molex Inc., specializing in the development of customized products for companies and automotive groups.

The transaction aims to expand production sectors adjacent to the eyewear market by entering a consolidated market and addressing the growing demand for high-performance optical solutions to enhance vehicle safety, efficiency, and connectivity.

It should be noted that this transaction does not fall within the scope of significant transactions as defined by Article 12 of the Euronext Growth Milan Issuers’ Regulations.

iVision Tech was assisted in the transaction by BDO as financial advisor and Ponti & Partners Law Firm for legal matters. Molex was supported by EY as industrial and financial advisor, while Baker McKenzie law firm in Milan handled the legal and labor aspects of the transaction.