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Merger and Corporate Structure – MEMORANDUM
15 July 2022
Merger and Corporate Structure – MEMORANDUM
MEMORANDUM
To: ADANI Systems, Inc. & ADANI Limited Customers and Partners
From: Scott Ortolani, Chief Operations Officer/ADANI Systems, Inc.
Rob Keeler, Managing Director/ADANI Limited
Date: 7/15/2022
Re: Merger and Corporate Structure
Dear Valued Clients and Partners,
We are happy to inform you that our companies have recently undergone a very successful phase of our structure transformation and merger into an industry leading group of companies. We have changed our business names from ADANI Systems, Inc. to LINEV Systems US, Inc. which came into effect on May 12, 2022. And from ADANI Limited to LINEV Systems UK Ltd, which came into effect February 3, 2022.
This phase solidifies our evolvement into a sustainable ecosystem enterprise, which will allow us to better serve our customers and to meet global and diverse demands, based on current and anticipated future supply challenges, and innovative high-tech solutions developments. This truly positions our group of companies at the forefront of our industry by making clear our relationship with our London based parent company, LINEV Group Limited, a U.K. holding company, which was formed in 2021.
These two highly regarded USA and UK manufacturers are now better positioned to serve the needs of our customers through increased purchasing power and expanded manufacturing capacity, throughout the USA, UK, and EU, including more products in finished goods to quickly meet delivery needs. Both US and UK companies will now operate under the name LINEV Systems. There have been no changes to the management teams or in the range of products / services we offer. Nevertheless, the name change shall not impact our ongoing commitments, contracts, or customer service.
As a leader in checkpoint security solutions, LINEV Systems will continue to establish industry standards and best practices for the use of our technologies while expanding on the success stories and results our products produce across 6 continents. Through better management of global supply chains, LINEV Systems will reduce lead times and leverage redundant U.S. and global suppliers to deliver industry leading security systems. LINEV Systems product lines will carry global certifications, including UL, CE, UKCA and relevant ISOs.
To sum up, this is an exciting time for the company, LINEV Systems is still fully operational and providing all the same services, but under new UK ownership. You will continue to get the same class leading X-ray products and support you have come to expect from us. Please continue to follow our progress on our new global website www.linevsystems.com and address any inquiries to info@linevsystems.com. Our dedicated teams are looking forward to serving you more efficiently.
Scott Ortolani
Chief Operations Officer
LINEV Systems US, Inc
Rob Keeler
Managing Director
LINEV Systems UK, Ltd.
To: ADANI Systems, Inc. & ADANI Limited Customers and Partners
From: Scott Ortolani, Chief Operations Officer/ADANI Systems, Inc.
Rob Keeler, Managing Director/ADANI Limited
Date: 7/15/2022
Re: Merger and Corporate Structure
Dear Valued Clients and Partners,
We are happy to inform you that our companies have recently undergone a very successful phase of our structure transformation and merger into an industry leading group of companies. We have changed our business names from ADANI Systems, Inc. to LINEV Systems US, Inc. which came into effect on May 12, 2022. And from ADANI Limited to LINEV Systems UK Ltd, which came into effect February 3, 2022.
This phase solidifies our evolvement into a sustainable ecosystem enterprise, which will allow us to better serve our customers and to meet global and diverse demands, based on current and anticipated future supply challenges, and innovative high-tech solutions developments. This truly positions our group of companies at the forefront of our industry by making clear our relationship with our London based parent company, LINEV Group Limited, a U.K. holding company, which was formed in 2021.
These two highly regarded USA and UK manufacturers are now better positioned to serve the needs of our customers through increased purchasing power and expanded manufacturing capacity, throughout the USA, UK, and EU, including more products in finished goods to quickly meet delivery needs. Both US and UK companies will now operate under the name LINEV Systems. There have been no changes to the management teams or in the range of products / services we offer. Nevertheless, the name change shall not impact our ongoing commitments, contracts, or customer service.
As a leader in checkpoint security solutions, LINEV Systems will continue to establish industry standards and best practices for the use of our technologies while expanding on the success stories and results our products produce across 6 continents. Through better management of global supply chains, LINEV Systems will reduce lead times and leverage redundant U.S. and global suppliers to deliver industry leading security systems. LINEV Systems product lines will carry global certifications, including UL, CE, UKCA and relevant ISOs.
To sum up, this is an exciting time for the company, LINEV Systems is still fully operational and providing all the same services, but under new UK ownership. You will continue to get the same class leading X-ray products and support you have come to expect from us. Please continue to follow our progress on our new global website www.linevsystems.com and address any inquiries to info@linevsystems.com. Our dedicated teams are looking forward to serving you more efficiently.
Scott Ortolani
Chief Operations Officer
LINEV Systems US, Inc
Rob Keeler
Managing Director
LINEV Systems UK, Ltd.