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.