MILANO (AIMnews.it) - The Costamp Group Board of Directors have approved the merger by incorporation into Costamp Group S.p.A. of Costamp Tools S.r.l., a fully owned subsidiary. The transaction will allow the integration of the company's respective activities with their related technical, production and commercial structures, with the consequent result of a single and more logical corporate structure with a view to also pursuing a reduction of administrative and general costs, with respect to the costs incurred previously by the companies that were involved. From the merger there will derive: a simplification of the corporate structure and governance; a simplification of the organisational structure and a rationalisation of the company structure; a consolidation of financial resources and a reduction in operating costs.