NOVEXX Solutions acquires Eidos S.p.A.

With the transaction NOVEXX Solutions further strengthens its market position and enlarges the solution
offering in the automatic marking and coding industry. The business will continue to operate as Eidos S.p.A.

Eching (Germany) / Chieri (Italy), May 16, 2017
NOVEXX Solutions closed the acquisition of 100% of the share capital of the Italian company Eidos S.p.A.,
headquartered in Chieri, near Turin.
As a leading manufacturer of printers for labeling, marking and automatic coding of industrial products,
Eidos is a perfect addition to the NOVEXX Solutions group.
The acquisition further strengthens the acquirer’s market position, by enlarging their solution offering in the
automatic marking and coding industry, and by adding new, strong regional footprints.

Eidos with its over 40 years of history is convinced that leaving the family-owned era will open new
opportunities for investment and growth. The former owners are very pleased to hand over the company to a
new, financially strong owner that will continue to develop the business with long-term success in mind.

Two members of  Pandion Partners, in Milan and Munich, advised the sellers.

About NOVEXX Solutions GmbH
NOVEXX Solutions stands for excellent products and individual integrated solutions when it comes to industrial
labeling and identification. A former business division of Avery Dennison, NOVEXX Solutions combines the 50 years of
first-class know-how of a global player with the uncomplicated flexibility of a medium- sized company. The NOVEXX
Solutions product and service portfolio comprises hard and software solutions, first-class consumables and a
competent on-site service. NOVEXX Solutions is represented at eleven locations worldwide on three continents.

About Eidos S.p.A.
Eidos is one of the leading companies in the design and manufacture of printers for labeling, marking and automatic
coding of industrial products. For over 40 years the company benefits from a proprietary technology for the digital
thermal transfer printing that prints variable data in real time.

About Pandion Partners
The Pandion Partners advisory group, founded in 2000, consists of 15 independent companies dedicated to M&A,
Corporate Finance and Strategy Consulting Services. The growing group offers these services globally through its
offices in Belgium, Brazil, Canada, China, Czech Republic, France, Germany, India, Italy, Poland, Spain, The Netherlands,
Turkey and USA.

For further information, please contact:

Francesco Faina, Pandion Partners Italia S.r.l.: T: +39 02 7631 8138 – E:
Kai Kuan, Sustainomics GmbH: T: +49 89 1271 1318 – E: