Europlasma, an expert in depollution, material recovery and decarbonization solutions, announces the end of exclusive discussions with a view to a merger with the company Adomos.
In its press release dated December 7, 2023, Europlasma announced the entry into exclusive negotiations, for a period of 12 months, with a view to a possible contribution to Adomos by Europlasma of 49% of the shares making up the share capital of its subsidiary Les Forges de Tarbes, 99% owned by Europlasma. It was envisaged by the parties that this contribution would be remunerated by issuing new Adomos shares allowing Europlasma to take control.
By mutual agreement, Europlasma and Adomos wanted to put an end to these discussions as they were unable to finalize the terms of an agreement that would create value for their respective shareholders.