I.M.A. Industria Macchine Automatiche S.p.A. (BIT:IMA) acquired Perfect Pack S.r.l. from Roberto Talacci for €12.4 million on August 7, 2019. The cost of the acquisition includes €12.480 million paid at the closing, the adjustment of the provisional price of -€0.099 million and the potential consideration of €0.014 million, of which €0.9 million by way of earn-out and €0.01 million for the fair value of the option signed for the purchase of the other 40% of Perfect Pack S.r.l., discounted using the return on government securities with the same maturity. Roberto Talacci has been granted a put option to sell the other 40% of Perfect Pack S.r.l., which can be exercised in April 2024 and April 2029. Perfect Pack reported turnover of more than €9.7 million and an EBITDA of approximately €2.9 million in 2018. Emanuele Gnugnoli and Pasquale Murgo of Poggi & Associati acted as legal advisors for I.M.A. Industria Macchine Automatiche. Gennaro Arpano of Arpano Tax Law Firm acted as legal advisor and Luca Maria Venturini assisted Roberto Talacci. I.M.A. Industria Macchine Automatiche S.p.A. (BIT:IMA) completed the acquisition of Perfect Pack S.r.l. from Roberto Talacci on August 7, 2019.