sur ODIOT S.A. (EPA:MLODT)
ODIOT SA in Negotiations for the Acquisition of LAPPARA
ODIOT SA (Euronext Access) announces that it has entered into exclusive negotiations for the acquisition of LAPPARRA ORFÈVRE ARGENTIER. This transaction is part of its growth strategy, targeting one of the last independent silversmithing houses. Founded in 1893, LAPPARRA possesses a unique heritage with its dies and historical archives.
The acquisition, valued at €200,000 in cash and 12,500 ODIOT shares, is expected to be finalized by October 31, 2026, subject to certain conditions. The transaction will allow for the strategic integration of LAPPARA's key contracts, particularly in the sports sector.
For ODIOT, this acquisition enriches its portfolio of prestigious brands, aligned with the house's heritage and creativity. Production activities will be transferred to Brétigny-sur-Orge, including the management of the LAPPARA archives.
R. E.
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