The Boards of Directors of F.G. EUROPE S.A. and its two wholly owned subsidiaries FIDAKIS SERVICE S.A. and FIDAKIS LOGISTICS S.A. approved the Draft Merger Agreement through absorption of the two subsidiaries by F.G. EUROPE S.A. 

The absorption will result in economies of scale for F.G. EUROPE S.A. and the Group as a whole. The activities of the absorbed companies will be done, hereinafter, by F.G. EUROPE S.A., which will absorb their entire staff. 

The absorbed companies have, until now, common Management with the Parent Company, which confirms that the policy followed regarding the activities of the absorbed companies, will not vary.