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THERMADOR GROUPE (EPA:THEP) - Thermador Groupe : acquisition project of Distrilabo company

Transparency directive : regulatory news

11/12/2019 08:15

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Press Release

Saint-Quentin-Fallavier - December 11, 2019 - 8am

At their meeting on December 10, 2019, Thermador Groupe board members in a
majority vote approved the motion to give powers to the Managing Director to
finalise the acquisition of Distrilabo based in Bischheim (county Haut Rhin,
France).

Distrilabo distributes a wide range of technical materials in France for
pressure, temperature, level and flow measurement and control for industrial
processes and climatic engineering. Its customers are mostly wholesalers of
industrial supplies and wholesalers of equipment for heating and sanitary
systems.
The family company's 20 employees anchored in Alsace reported turnover of
EUR5.5m in 2018 with an operating profit of EUR387,000.

Distrilabo could thereby become a locomotive for Thermador group for these
product ranges, developing commercial synergies with its customers and
suppliers.

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