VRG Member Acts as Independent Fairness Opinion Provider to ISRA Vision AG

VRG's Germany-based ValueTrust acts as independent Fairness Opinion provider to the management board and the supervisory board of ISRA Vision AG on the public takeover offer by Atlas Copco AB

Munich, Germany (20 March 2020)

Valuation Research Group (VRG), a leading global provider of independent valuation, advisory and value-related services is pleased to announce that VRG’s Germany-based member firm, ValueTrust provided a public fairness opinion for the management board and the supervisory board ofISRA VISION AG as part of the voluntary public takeover offer to the shareholders of ISRA VISION AG by Atlas Copco AB.

On 10 February 2020, ISRA Vision AG, a provider for machine vision solutions, announced the conclusion of a business combination agreement with Atlas Copco AB (publ). In this context, Atlas Copco AB launched a voluntary public takeover offer on 28 February 2020 in accordance with sec. 29 of the German Securities Acquisition and Takeover Act (“WpÜG”) to all ISRA shareholders to acquire the outstanding ISRA shares against a cash consideration of EUR 50.00 (“Consideration”) per ISRA share.

ValueTrust was engaged by the management board of ISRA to serve as an independent financial advisor to provide a Fairness Opinion to the management board and the supervisory board as to the fairness, from a financial point of view, of the Consideration of the public takeover offer.

About ISRA

ISRA Vision AG is one of the leading providers for machine vision solutions with specialization in 3D machine vision, headquartered in Darmstadt, Germany. The company operates in the two segments Industrial Automation and Surface Vision, serving among others the automotive industry, machine tool manufacturers and the automation industry.

About VRG

Valuation Research Group (VRG) is a global valuation practice that furnishes expert and independent opinions of value for solvency, fairness, business enterprises, intangible assets, capital stock, equity interests, real estate and fixed assets. VRG has a network of over 1,300 professionals located in offices throughout continental Europe and the United Kingdom, Brazil, China, India, Mexico, Canada, Argentina, Australia, and the United States. The Germany-based practice operates as ValueTrust.