Press release Lyon St-Vulbas, 2nd of April 2012
New change of scope
Acquisition of the company ARGOS Hygiene
ORAPI has signed a draft agreement for the acquisition of the company ARGOS Hygiene*, one of the French leaders in the distribution of professional hygiene products.
This group, independent for 30 years, has a range of 1 500 products and items of equipment, which are marketed through its 8 agencies and 6 logistic platforms all over France.
ARGOS Hygiene will therefore significantly bolster up ORAPI's commercial portfolio with over 60,000 new professional clients and turnover of €85m in 2011.
This major acquisition offers ORAPI a real change of scope with a turnover that will exceed 200 million euros on a full-year basis. This newly created group will have a leverage that will allow ORAPI to become the French integrated leader in professional hygiene.
* Subject to the approval of the anti-trust authorities.
ORAPI designs, manufactures and distributes technical consumable products and solutions for hygiene and maintenance use.
ORAPI is listed on compartment C of Euronext Paris under the ISIN code: FR0000075392- Reuters Code: ORPF.PA - Bloomberg Code : ORAP.FP
Website: www.orapi.com
Contacts:
Deputy CEO AeliumFinance
Henri Biscarrat J.Gacoin/S.Kennis
Tel: +33 (0)4 74 40 20 04 Tel: +33 (0)1 44 91 52 49
henri.biscarrat@orapi.com jgacoin@aelium.fr
ORAPI Communication
Fabienne CHIFFLOT
Tel: +33 (0)6 60 36 46 81
fabienne.chifflot@orapi.com
