Hydra Investimenti, the vehicle of Datalogic's founding Volta family, announced on 29 May a voluntary public tender offer for all Datalogic shares it did not already own, aiming to delist the company from Euronext STAR Milan.
Why Hydra Investimenti S.p.A. (Volta family) is buying Datalogic S.p.A.
The offeror said delisting would give Datalogic, which works in automatic data identification and industrial automation, more management flexibility and capacity to invest in research and AI technologies without the constraints of a listing.
Deal terms and financing
The offer of €5.82 a share cum dividend, or €5.70 if the €0.12 dividend was paid first, carried a 36% premium to the 29 May close and a maximum outlay of about €85.3m. Hydra already held 64.85%.
Regulatory approvals and timing
Consob approved the offer document on 24 June. After the acceptance period ended on 17 July, Hydra held 96.1%, triggering a squeeze-out at €5.70 a share, and Datalogic was delisted on 9 September 2026.
Market context
Datalogic is based in Bologna. Before the offer, Hydra already owned 64.85% of the company, and Datalogic held about 10% in treasury shares.
