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Mutares SE & Co. KGaA

M&A Activity Nov 9, 2020

6316_rns_2020-11-09_59b955af-8c2f-4747-969f-9086780e3e02.html

M&A Activity

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Mutares signed a binding offer to acquire Lapeyre SAS and its subsidiaries in France from Saint-Gobain

Mutares signed a binding offer to acquire Lapeyre SAS and its subsidiaries in France from Saint-Gobain

Mutares signed a binding offer to acquire Lapeyre SAS and its subsidiaries in France from Saint-Gobain

- Expected ninth acquisition in 2020 for Mutares

- Target Company with EUR 641 million in revenues and approx. 3500 employees

- Manufacturer and distributor of home improvement products

- Irrevocable offer with outstanding information-consultation of the works council of Lapeyres’ subsidiaries

Munich/Paris, 09 November 2020 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed a put option for the purchase of Lapeyre SAS and its subsidiaries from Saint-Gobain, a manufacturer and distributor of home improvement products on the French market.

Please see attached PDF to view the full announcement.

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