# Clemex Technologies signs merger agreement to be taken private

Clemex Technologies entered into a merger agreement with a purchaser owned by principal shareholders (including RAL Diagnostics, Zwick Roell AG, and CEO Yves Bassat) to acquire all outstanding shares for $0.20 per share, totaling about $3.8 million.

- Type: Acquisition
- Announced: 2016-11-28
- Where: Longueuil, Quebec, Canada
- Value: $2.80M (3.80M CAD)
- Status: announced
- Products: materials testing equipment, image analysis systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Clemex Technologies Inc](https://endata.com/companies/16408.md) (target)
- [9804064 Canada Inc](https://endata.com/companies/16409.md) (acquirer)
- [RAL Diagnostics SAS](https://endata.com/companies/16410.md) (investor)
- [Zwick Roell AG](https://endata.com/companies/16411.md) (investor)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/clemex-signs-a-merger-agreement-with-principal-shareholders-to-privatize-the-company-603379916.html), 2016-11-28: "The Purchaser will purchase, in effect, all of the issued and outstanding Class A common shares of Clemex, other than shares held directly or indirectly by the Principal Shareholders, at a price of $0.20 in cash per share."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.