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.