Ital TBS : TBS Group grows stronger in France. Crimo France Sas has been acquired for €6.0 million.

TBS Group consolidates its leadership in the French market. Through its subsidiary TBS FR Sarl, on the 23rdJuly, the company formalised the takeover of Crimo France Sas, which provides biomedical equipment maintenance services, in particular for endoscopic and surgical
equipment.
Crimo France employs approximately sixty people and operates throughout the French territory. In the last fiscal year it reported revenues in excess of €7 million. Its headquarters are located in Villeneuve - le - Roi, in Val-de-Marne, Ile de France.
The maximum purchase price was set to €6 million, which includes the net financial position at the sale date. Upon signature of the agreement, €2.926 million were paid; the total amount will be settled by March 2016 at the latest. The price may be only reduced based on the final net financial position or the fulfillment of specific contractual clauses.
For the transaction, TBS Group used cash coming from previously available credit lines.
It should be noted that, upon signing the contract, Crimo France's founders and directors, i.e. Mario, Mario Manuel, David and Romain Massarelli, entered into a non-competition agreement for a minimum term of three years which, aside from the French territory, extends to Spain, Italy, Portugal and Belgium.

'Through this transaction - explains Paolo Salotto, CEO of TBS Group- we have achieved the double goal of considerably strengthening our leadership in the local market and to further widen the set of services we are able to provide to our customers in France'.

TBS FR Sarl, a subsidiary of TBS Group, is specialising in the development and the management of outsourced multivendor maintenance services of biomedical equipment for public and private healthcare structures.

TBS Group, listed on the AIM Italia, designs and manages outsourced clinical engineering and ICT services, designs and provides integrated e-Health and e-Government solutions and integrated systems of medical equipment, in order to make the use of biomedical and ICT technologies safer and more effective. The Group's offer is aimed at innovating processes in the health and social facilities, both public and private, and at reclassifying costs of services supplied. With registered offices in Trieste at AREA Science Park and revenues totaling 232.1 million euros in 2014, the Group is present in 21 countries and operates with about 2,400 employees, in over 20 specialist centres and in more than 300 on site workshops linked to over

1,000 hospitals and other public and private bodies.

For further information: www.tbsgroup.com

TBS Group S.p.A. Investor Relator Stefano Beorchia tel.: +39 040 92291 ir@italtbs.com

Trieste, 27 July 2015

This press release is an English translation of an Italian language version. In the event of any inconsistency or interpretation difficulties reference should be made to the original press release in Italian language, which shall in any event prevail.