CNIM Enters Into Exclusive Negotiations For Acquisition Of COMETAL France

CNIM Groupe specializes in the design and construction of high-tech turnkey assemblies. Net sales break down by area of activity as follows: - environment (70.6%): design and building of units for converting domestic waste and biomass into electricity, smoke-scrubbing systems (No. 1 in Europe), rehabilitation and maintenance of combustion plants, etc.; - other (29.4%): project management for complex systems intended for the defense, aerospace, and scientific research sectors (missile launching systems, fuel evacuation systems for nuclear plants, etc.), construction of escalators, moving walkways, and elevators for public transportation operators, technological study services, medication formulation services (galenic and analytical), pharmaceutical research services, etc. Net sales are distributed geographically as follows: France (52.2%), the United Kingdom (19%) and other (28.8%).