WENDEL : MATERIS : SALE OF PAREXGROUP COMPLETED

MATERIS : SALE OF PAREXGROUP COMPLETED

Wendel and Materis announce that the sale of ParexGroup to funds advised by CVC, initiated on March 26, 2014, has received all the necessary approvals and is therefore completed.

About Wendel

Wendel is one of Europe's leading listed investment firms. The Group invests internationally, in companies that are leaders in their field, such as Bureau Veritas, Saint-Gobain, Materis, Stahl and IHS in Africa. Wendel plays an active role as industry shareholder in these companies. It implements long-term development strategies, which involve boosting growth and margins of companies so as to enhance their leading market positions. Through Oranje-Nassau Développement, which brings together opportunities for investment in growth, diversification and innovation, Wendel is also a shareholder of Van Gansewinkel Groep in the Netherlands, exceet in Germany, Mecatherm and Parcours in France, Nippon Oil Pump in Japan, and Saham Group in Africa. 

Wendel is listed on Eurolist by Euronext Paris.

Standard & Poor's ratings: Long-term: BBB-, stable outlook - Short-term: A-3 since July 7, 2014.

Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of "Grand Mécène de la Culture" on March 23, 2012.

Press contacts                                                                                                                                                       Analyst and investor contacts

Christine Anglade-Pirzadeh: +33 (0)1 42 85 63 24                                                                                                       Olivier Allot: +33 (0)1 42 85 63 73

c.angladepirzadeh@wendelgroup.com           o.allot@wendelgroup.com:
mailto:o.allot@wendelgroup.com