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Groupe SFPI — M&A Activity 2022
Jun 21, 2022
1388_iss_2022-06-21_5d4f25b1-c281-4e16-9ad7-c358b295cda9.pdf
M&A Activity
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Paris, June 21st, 2022
SFPI GROUP expands in Austria in solar protection
GROUPE SFPI announces the acquisition, of the company Wo&Wo.
The company, owned by German industrial holding ADCURAM, is based in Graz and is specialized in high-end solar protection (awnings, blinds, shutters, etc.) for the Austrian, German, Swiss (DACH) and French markets.
At the end of last financial year, December, 31st 2021, Wo&Wo achieved a turnover of € 60M and employs 310 persons.
The transaction is expected to be completed by the end of July 2022, subject to various closing conditions, inter alia merger control approval.
Identity: Ticker : SFPI – Compartment B ISIN Code : FR0004155000
Contact Company: Sophie MOREL Tél : +33 1 46 22 09 00 Email : [email protected]
About Sfpi Group
SFPI Group (Safety for People and Industry) was founded in France in 1985. Today, it constitutes a group of companies specialized in the safety industry for people, goods and environment. They're united within 4 autonomous, innovative and digitalized operating divisions: DOM Security, MAC, MMD, NEU-JKF. SFPI Group generates a turnover of approximatively 550 million Euros, employs 3800 people and delivers solutions such as buildings security and convenience, air-treatment and energy saving, both for industrial and private markets. Industrial, responsible and European with global ambitions, SFPI Group is pursuing its international expansion.