The transaction to incorporate Forvet into Bavelloni—both companies are part of the Biesse Group—is under-way and the merger deed is expected to be signed in December 2024. In consideration of this, the merger will take effect from January 1, 2025.
Therefore, starting from this date, every document, correspondence, delivery note, invoice , collection, payment, etc. must be made with the incorporating company Bavelloni, which will take over all the rights and obligations, active and passive relationships of the incorporated company Forvet.
In the period prior to the signing of the deed, suppliers may already receive orders from the company Bavelloni with delivery to the Volvera, Turin, Italy plant of the company Forvet.
Up to the date of signing of the deed customers will receive the documentation in the name of Forvet. After the signing and therefore from January 1, 2025 all open orders with Forvet will be transferred and consequently processed by Bavelloni.