Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
1541
Thousand eurosWording
Conditional
How definitive the wording is.This transaction
Additional acquisition of shares in VISION PLAST S.A.S.CounterpartyLa Sirène SARL
Disclosing companyALPHA Corporation
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Automotive resin molding business
Location FranceShare capital 311 thousand eurosDate of incorporation 2007
Net Sales12,355 thousand euros (fiscal year ended December 2025)
Operating profit468 thousand euros (fiscal year ended December 2025)
Net income for the current fiscal year342 thousand euros (fiscal year ended December 2025)
Net assets926 thousand euros (fiscal year ended December 2025)
Consideration and expenses
Acquisition price1,541 thousand euros
Impact on Business Performance
The impact of this share acquisition on the consolidated results of the company's group will be immaterial. If any matter requiring disclosure arises, the company will promptly announce it.
Procedures and assumptions
Conditions Precedent to ExecutionThe acquisition of the 67% interest will be executed in accordance with the conditions stipulated in the share transfer agreement entered into when the 33% interest was acquired.
Management structure after acquisitionVISION PLAST S.A.S. and its subsidiaries will become wholly owned subsidiaries, and the management resources of both companies will be utilized in a more integrated manner. Changes to the corporate name, representative, and employee treatment: Not disclosed
| Item | Details |
|---|---|
| Transaction name | Additional acquisition of shares in VISION PLAST S.A.S. |
| Counterparty name | La Sirène SARL |
| Name of the Subject Company | VISION PLAST S.A.S. |
| Business Description of the Subject Company | Automotive resin molding business |
| Location of the Subject Company | France |
| Capital Stock of the Subject Company | 311 thousand euros |
| Date of Establishment of the Subject Company | 2007 |
| Net Sales of the Subject Company | 12,355 thousand euros (fiscal year ended December 2025) |
| Operating Profit of the Subject Company | 468 thousand euros (fiscal year ended December 2025) |
| Net Income of the Subject Company | 342 thousand euros (fiscal year ended December 2025) |
| Net Assets of the Subject Company | 926 thousand euros (fiscal year ended December 2025) |
| Acquisition price | 1,541 thousand euros |
| Number of shares acquired | 9,045 shares (number of voting rights: Not disclosed) |
| Voting rights ownership percentage | Before 33.0% → after 100％ |
| Impact on Business Performance | The impact of this share acquisition on the consolidated results of the company's group will be immaterial. If any matter requiring disclosure arises, the company will promptly announce it. |
| Date of board resolution | 26 May 2026 |
| Contract Date | 23 April 2025 |
| Execution Date / Effective Date | June 2026 (scheduled) |
| Conditions Precedent to Execution | The acquisition of the 67% interest will be executed in accordance with the conditions stipulated in the share transfer agreement entered into when the 33% interest was acquired. |
| Management structure after acquisition | VISION PLAST S.A.S. and its subsidiaries will become wholly owned subsidiaries, and the management resources of both companies will be utilized in a more integrated manner. Changes to the corporate name, representative, and employee treatment: Not disclosed |
Items this document does not state (12)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial Committee
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To strengthen business growth in Europe, the companies will make more integrated use of their management resources based on the results achieved through the existing capital alliance, thereby creating further synergies and accelerating business growth. The company states that it will advance integrated production at the Slovakian plant, capitalize on synergies with the French plant, and make use of the Spanish plant.
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