THERMADOR GROUPE : Acquisition project of Groupe Valfit
October 30 2017 - 12:45PM
Acquisition project of
Groupe Valfit
Sferaco, a subsidiary of Thermador Groupe, has
opened up negotiations with Mr Bitsch and Mr Gueli for the purchase
of 100% of the shares in Groupe Valfit, a company based in Bussy
Saint-Georges, wishing to conclude this deal by the end of January
2018 at the latest.
Groupe Valfit sells to specialized wholesalers a
targeted range of connectors, meters and valves, a perfect
complement to Sferaco's construction and industrial product
lines.
In 2016 Groupe Valfit reported €5.9m turnover,
€500,000 EBITDA and €400,000 net profit. On December 31, 2016, its
net cash position was €1.2m.
Valfit_30.10_GB
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: THERMADOR GROUPE via Globenewswire
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