Lottomatica's Gtech subsidary completes acquisition of 100 % of Atronic from Gauselmann Group
As previously announced, Gtech completed the first stage of the transaction in January 2008, when it acquired a 50 percent controlling interest in Atronic for 20 million euros.
The overall transaction has a total value of approximately 189 million euros, which includes approximately 137 million euros of debt.
Gtech and Lottomatica together create a fully integrated lottery operator and gaming technology solutions provider - a combined company with worldwide scale, considerable financial strength, and industry-leading customer solutions.
Lottomatica is majority owned by De Agostini, which belongs to a century-old publishing, media, and financial services group. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in 2007, had approximately 1.7 billion euros in revenues and 5,900 employees in over 45 countries when combined with Gtech.
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