Reel SAS acquired CNIM Systèmes Industriels from CNIM Groupe SA (ENXTPA:COM) on September 28, 2022. The transaction is subject to approval of French Competition Authority. French Competition Authority has granted Reel Group to take control of CNIM Industrial Systems before the end of its review procedure. Hubert Chevrinais of Gimar & Cie acted as financial advisor and Stéphane Huten, Astrid Zourli and Eric Parroche of Hogan Lovells (Paris) LLP acted as legal advisor to Reel SAS.

Reel SAS completed the acquisition of CNIM Systèmes Industriels from CNIM Groupe SA (ENXTPA:COM) on September 28, 2022.