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CNIM Groupe — M&A Activity 2014
Jul 1, 2014
1207_iss_2014-07-01_f5873ca7-9d2f-4697-a17c-2b533add9e5b.pdf
M&A Activity
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Press release
Paris, July 1st 2014
Constructions Industrielles de la Méditerranée (« CNIM ») was informed that Soluni, first shareholder of CNIM, received from Compagnie Nationale de Navigation on the one hand, and Martin GmbH für Umwelt-und Energietechnik, on the other hand, binding commitments to sell their CNIM shares to Soluni. In consideration of these commitments, CNN and Martin GmbH entered into exclusive negotiations with Soluni After completion of the information and consultation of the CNIM central work council and provided that such transfers are executed, Soluni should file with the Autorité des Marchés Financiers a simplified tender offer on all CNIM shares not held by the offeror, in accordance with applicable market regulations.
The Supervisory Board of CNIM was then summoned on July 2, 2014.
About CNIM: www.cnim.com
CNIM designs and manufactures turnkey industrial plants with high technological content, and delivers services expertise, services and operations in the areas of Environment, Energy, Defense and Industry.
CNIM employs 2,800 persons in 15 countries and annual 2013 sales of € 781.9 million with 67.6% from exports. CNIM is listed on Euronext Paris.
Contact press : Caroline Simon Tel : + 33 1 53 70 74 70 Cell : + 33 6 89 87 61 24