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2MX Organic S.A. — M&A Activity 2023
Feb 1, 2023
1056_iss_2023-02-01_58c0ba5b-e2db-420c-9384-d6dffd6656b4.pdf
M&A Activity
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TERACT communication

Paris, February 1st, 2023. TERACT. TERACT (ISIN: FR001400BMH7, Mnemonic: TRACT).
In response to rumours in the press, TERACT confirms that it has begun exploratory discussions with the Casino group that could lead to the combination of the two groups' distribution activities in France within a single entity controlled by Casino, and to the establishment of a newly created entity controlled by TERACT shareholders that would be responsible in particular for the supply of agricultural, local and shortcycle products.
Discussions are at a preliminary stage and there can be no certainty that any transaction will be concluded.
Important Information
This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice.
About TERACT:
TERACT is a major player in the responsible distribution in the growing retail markets of gardening, pet and food distribution. Our ambition is to create a unique brands platform combining tradition and modernity, agricultural know-how and innovation, in-store and digital experiences. TERACT responds to the attempts of the new generation of consumption is synonymous with quality, durability and traceability. Through its subsidiary InVivo Retail, TERACT regroups the gardening/pet retail brands Jardiland, Gamm vert, Delbard, Jardineries du Terroir and Noa and the Food retail brands Boulangerie Louise, Grand Marché La Marnière, Frais d'Ici and Bio&Co. TERACT's majority shareholder is InVivo, one of the leading agricultural and agri-food groups in Europe. TERACT is listed on the professional compartment of Euronext Paris (ticker code: TRACT, ISIN: FR001400BMH7). More information on www.teract.com
CONTACTS : Investors: [email protected] Media: [email protected]