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Industry

Merger of Military Companies: PIT-Radwar and WZŁ Join Forces

Photo. Defence24

PIT-RADWAR S.A. has announced plans to acquire Military Communication Works No. 2 (Wojskowe Zakłady Łączności Nr 2, WZŁ-2). The merger plan has been agreed upon, approved, and signed by the management boards of both companies.

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According to information published by the company regarding the merger plan, the merger will involve an increase in PIT-RADWAR’s share capital from PLN 459,651,130.00 to PLN 466,639,340.00. The merger will be executed through the absorption of WZŁ-2 by PIT-RADWAR, with all assets of WZŁ-2 transferred to PIT-RADWAR in exchange for shares that PIT-RADWAR will allocate to WZŁ-2 shareholders.

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Should any provision of the Merger Plan prove invalid or unenforceable, it will not affect the validity or enforceability of the remaining provisions. An invalid or unenforceable provision will be replaced with a valid and enforceable one that as closely as possible reflects the intent of the original provision. The same applies analogously to any potential gaps in the Merger Plan.

PIT-RADWAR S.A. has announced plans to acquire Military Communication Works No. 2 (Wojskowe Zakłady Łączności Nr 2, WZŁ-2). The merger plan has been agreed upon, approved, and signed by the management boards of both companies on 23rd January 2025.

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