Camlin Fine Sciences' strategic acquisition of Vinpai

Camlin Fine Sciences Limited, an Indian group specializing in preservation solutions and flavor ingredients, has acquired a majority stake in Vinpai. Announced on November 27, 2025, this acquisition covers 78.68% of Vinpai's shares and 84.89% of its voting rights, at a price of €3.60 per share.

Following this transaction, which exceeds the 50% voting rights threshold, Camlin plans to launch a simplified public tender offer (OPAS) for the remaining shares at the same price in mid-December. If the OPAS allows Camlin to hold more than 90% of the voting rights, a mandatory delisting procedure for Vinpai shares from Euronext Growth in Paris will be considered.

By converting its previously issued convertible bonds, Camlin will strengthen its position, reaching 83.82% of the shares and 80.86% of the voting rights.