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Mutares SE & Co. KGaA

M&A Activity Nov 9, 2020

6316_iss_2020-11-09_0902e80c-1476-4cf0-82b9-6dd82cf40720.html

M&A Activity

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Mutares has made an irrevocable offer to acquire Lapeyre SAS and its subsidiaries

Mutares has made an irrevocable offer to acquire Lapeyre SAS and its subsidiaries

Mutares has made an irrevocable offer to acquire Lapeyre SAS and its subsidiaries

Munich/Paris, 09 November, 2020 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed a binding offer to acquire the company Lapeyre SAS and its subsidiaries, a manufacturer and distributor of home renovation products, from Saint-Gobain (ISIN: FR0000125007).

The irrevocable offer is being studied by Saint-Gobain, will be presented to the worker’s representatives’ in order to obtain their opinion, and is subject to governmental/regulatory authorizations.

Please see attached PDF to view the full announcement.

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