Arev Interuniversal absorbs Tun Universal in simplified merger

AREV INTERUNIVERSAL, S.L. has unanimously agreed to the merger by absorption of TUN UNIVERSAL, S.L.U., which shall be extinguished and integrated into the absorbing company. The agreement, adopted on July 31, 2026, has been made public through the legal announcement BORME-C-2026-4857, published in the Official Gazette of the Mercantile Registry number 170, dated September 3, 2026, page 6062.

The operation is subject to the simplified regime provided for in Article 9 of Royal Decree-Law 5/2023, of June 28, on structural modifications of commercial companies, which allows for the omission of certain formal requirements when the absorbing company holds all the shares of the absorbed company.

Terms of the operation

The merger is executed in accordance with the common merger project dated June 10, 2026, and uses the balance sheets closed on May 30, 2026, as the merger balance sheets. Since it is an absorption of a wholly-owned company, no exchange of shares or capital increase of the absorbing company is planned.

• Absorbing company: AREV INTERUNIVERSAL, S.L.
• Absorbed company: TUN UNIVERSAL, S.L.U.
• Date of agreement: July 31, 2026
• Common merger project: June 10, 2026
• Merger balance sheets: closed as of May 30, 2026

Rights of shareholders and creditors

In compliance with Article 10 of the Law, it is hereby stated that shareholders and creditors of both companies have the right to obtain the full text of the agreements adopted and the merger balance sheets. Creditors may exercise the actions provided for in Article 13 of the Law within the legally established timeframes.

The announcement was signed in Lloret de Mar on August 28, 2026, by Zauri Merdzhikyan, joint administrator of AREV INTERUNIVERSAL, S.L. and sole administrator of TUN UNIVERSAL, S.L.U., with identifier A260037307-1.

Impact of the concentration

The operation entails the full integration of TUN UNIVERSAL into AREV INTERUNIVERSAL, with the consequent extinction of the former and the universal transfer of its assets to the absorbing company. For shareholders and creditors, the simplified merger streamlines the process by not requiring an expert report or a meeting of the absorbed company, although it keeps the rights of information and opposition recognized by the regulation intact.

Source: Official Gazette of the Mercantile Registry, no. 170, September 3, 2026, Second Section (Mergers and acquisitions of companies), page 6062 (official reference: BORME-C-2026-4857).