Saturday, December 30 2017

KAFEA TERRA S.A.

Kafa Emporiki Techniki SA has been merged with its absorption by ATTICA TERRA FOOD & DRINKS AEBE.

The new brand name of our company is: KAFEA TERRA FOOD & DRINKS S.A.

On 1-12-2017, a notarial merger contract was signed between the Societe Anonyme (S.A.) companies under the trade names “ATTICA TERRA FOOD & DRINKS AEBE” and “KAFEA COMMERCIAL TECHNICAL ANONYMOUS COMPANY”, in accordance with the provisions of Articles 68-77a of the codified Law 2190/1920, in conjunction with the provisions of Articles 1 to 5 of Law 2166/1993, concerning the acquisition of “KAFEA COMMERICAL TECHNICAL ANONYMOUS COMPANY” (acquired) by “ATTICA TERRA FOOD AND DRINKS ANONYMOUS COMMERCIAL AND INDUSTRIAL COMPANY” (acquirer).

 

The merger was approved on 29/12/2017 and resulted in alterations to the acquirer’s trade name and legal address.

 

The complete details of the acquiring company are:

 

Trade name: KAFEA TERRA FOOD AND DRINKS EMPORIKI BIOMICHANIKI

Distinctive Title: KAFEA TERRA S.A.

Business Activity: FOOD & BEVERAGE PRODUCTION AND TRADING

National Tax Identification Number: EL999842166

Internal Revenue Office: Athens Tax Office for Commercial Companies (FAE ATHENS)

Headquarters and Delivery Address: Naxou 12-14, 190 02 Paiania Attica

Tel.: 213 090 5500, fax: 213 090 5599

e-mail: info@kafeaterra.gr

 

The proposed merger will result in:

 

a) the achievement of large-scale savings concerning administrative expenses and generally the reduction of operational costs,

b) the application of a more rational and efficient administrative organization,

c) the enhancement of financial outcomes, and

d) the attainment of greater benefits for the shareholders of the merging companies.