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:
mailto:jgacoin@aelium.fr
                 ORAPI Communication
                 Fabienne CHIFFLOT
                 Tel: +33 (0)6 60 36 46 81
                 fabienne.chifflot@orapi.com

CPORAPI_ARG_VDWire_ANGLAIS:
http://hugin.info/143522/R/1601099/505477.pdf



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Source: ORAPI via Thomson Reuters ONE

HUG#1601099