Orapi (ENXTPA:ORAP) acquired the assets of Groupe Raynaud on June 28, 2013. Raynaud had revenues of €30 million in 2012. The transaction was approved by commercial court of Lisieux. Total 95 employees are acquired. Groupe Raynaud will operate as Raynaud Hygiène. Henry Rossignol of Cabinet Rossignol acted as financial advisor for Orapi while Emmanuel Hess acted as receiver.


Orapi (ENXTPA:ORAP) completed the acquisition of the assets of Groupe Raynaud on June 28, 2013.