I.M.A. Industria Macchine Automatiche S.p.A. (BIT:IMA) signed an agreement to acquire 70% stake In Spreafico Automation and 61.45% stake In Tecmar on February 27, 2019. Spreafico reported turnover of €16.5 million and EBITDA of €2.5 Million in 2018 and Tecmar reported turnover of €4.5 million and EBITDA of €0.5 million in 2018. I.M.A. Industria Macchine Automatiche expects to close 70% stake in Spreafico Automation in April 2019. Emanuele Gnugnoli, Massimo Castiglioni and Alessandra Dalmonte of Poggi & Associati acted as legal advisors to I.M.A. Industria Macchine Automatiche. I.M.A. Industria Macchine Automatiche S.p.A. (BIT:IMA) completed the acquisition of 70% stake In Spreafico Automation on April 16, 2019 and 61.45% stake In Tecmar on April 11, 2019.