Manutan Group finalises the acquisition of Papeteries Pichon,
a leading distributor of school supplies to nursery and primary schools
Gonesse, June 30th, 2015
On March 3rd, 2015, Manutan Group (www.manutan.com), a European leader in equipment distribution for businesses and local authorities, announced that it had signed an agreement aimed at acquiring 100% of the shares in Papeteries Pichon (www.pichon.fr), a leading distributor of school supplies to nursery and primary schools in France.
On June 17th, 2015, France's Competition Authority authorised the transaction. The Manutan Group finalised the acquisition of Papeteries Pichon today on June 30th, 2015.
This operation will cement the Group's status as one of the leading forces in the local authorities market in France, building on the acquisition of Camif Collectivités in 2009 and Casal Sport in 2012.
About the Manutan Group
The Manutan Group is a European leader in multi-channel equipment distribution for businesses and local authorities. Established in 19 countries through 25 operating subsidiaries, the Group is a leading player in Europe. In 2013/2014, the Manutan Group generated revenue of 590 million euros, almost 40% of which outside France.
Manutan International is listed on Euronext Paris - Compartiment B - ISIN: FR0000032302-MAN.
www.manutan.com
Next publication: Q3 2014/2015 turnover -
16 July 2015 (after market closure)
