Acquisitions30 Jan 2026, 07:21 pm
Stovec Industries Ltd Acquires Intellectual Properties from SPGPrints B.V.
AI Summary
Stovec Industries Ltd announced the outcome of its Board meeting held on 30.01.2026. The Board approved the acquisition of certain intellectual properties and associated rights from SPGPrints B.V., the holding company. The intellectual property includes technical know-how, designs and drawings, manufacturing processes, trademarks, and other related rights pertaining to the manufacturing and sale of Rotary Screen-Printing Machines and Nova Screens. The transaction is a material related party transaction, subject to the approval of the members of the Company. The acquisition will make Stovec Industries Ltd the owner of the said IPR. The meeting commenced at 06:00 p.m. and concluded at 6:35 p.m.
Key Highlights
- Stovec Industries Ltd to acquire intellectual properties from SPGPrints B.V.
- The acquisition includes technical know-how, designs, manufacturing processes, trademarks, and other related rights.
- The intellectual property pertains to the manufacturing and sale of Rotary Screen-Printing Machines and Nova Screens.
- The transaction is a material related party transaction.
- The acquisition is subject to the approval of the members of the Company.