Brief: Compagnie Des Alpes Announces Acquisition Of Evolution 2, Closure Of Grevin Montreal

Compagnie des Alpes SA

16/09/2021 07:29

Sept 16 (Reuters) - COMPAGNIE DES ALPES SA  CDAF.PA :
    * COMPLETION OF ACQUISITION OF BRAND EVOLUTION 2 AND OF 60%
STAKE
IN 10 COS UNDER LICENSE OF EVOLUTION 2
    * SCOPE OF THE 10 COMPANIES ACQUIRED BY COMPAGNIE DES ALPES
REPRESENTS A TURNOVER OF AROUND 5 MILLION EUROS
    * EVOLUTION 2 IS FULLY CONSOLIDATED FROM THE START OF AUGUST
2021
    * CLOSING OF GREVIN MONTREAL, WHICH SUFFERED IN PARTICULAR
FROM A
DROP IN ATTENDANCE DURING THE HEALTH CRISIS
    * GREVIN MONTREAL REPRESENTS A FULL-YEAR TURNOVER OF 1
MILLION
EUROS (BASE: 2018/2019 FINANCIAL YEAR)
    * GREVIN MONTREAL WAS TOTALLY IMPAIRED IN CO'S ACCOUNTS

Source text: https://bit.ly/2Xt6ejL
Further company coverage:  CDAF.PA 

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