The merger consists of the acquisition by Triplevolt II, S.A. ("Triplevolt II") and Grupo Flosel, SGPS, Ltda. ("Flosel SGPS") of joint control over Flosel – Instalações Elétricas e Hidráulicas, Ltda. ("Flosel PT"), KW – Instalações Mecânicas, Lda. ("KW"), and Flosel – Installations Electriques Et Hydrauliques ("Flosel FR"), companies that are currently part of the Flosel Group.