GREEN LIGHT OF THE SHAREHOLDERS' MEETING TO THE ACQUISITION OF WALTERSCHEID POWERTRAIN GROUP

The ordinary meeting also approved the proposal to increase the number of members of the Board of Directors from the current 7 to 9. Thanks to the business combination of the two companies, a globally rooted group has been created, one of the world leaders in mechanical engineering in the agriculture sector. In addition, Comer Industries and Walterscheid Powertrain Group further strengthen their market position with an even broader range of customer solutions.