THERMADOR GROUPE (EPA:THEP) - Thermador Groupe : decision on acquisition project of Eurobinox
Transparency directive : regulatory news
25/10/2019 08:00
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Press ReleaseSaint-Quentin-Fallavier - October 25, 2019 - 8am
At the meeting held on October 21, 2019, Thermador Groupe board members decided
by majority vote not to continue with the acquisition project regarding the
company Eurobinox based in Chaponost (Rhône, France).
In spite of the complementary nature of the two companies' activities, the
Board felt that the cultural difference was too great, highlighting the risk of
not being able to implement operational synergies quickly enough.
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