on HEXAOM (EPA:HEXA)
Hexaom Signs Agreement to Acquire HDV Group
Hexaom has announced the signing of an acquisition agreement to acquire a 75.5% stake in HDV Group, based near Bordeaux. This agreement is subject to conditions precedent, including approval from the French competition authority. HDV Group, a notable player in the Nouvelle Aquitaine region and Loiret department, markets several brands like Alpha Constructions and Optiméa.
The company reported a revenue of €98 million in 2023 and employs approximately 150 people. This acquisition is expected to be immediately accretive for Hexaom. The completion date is set for late January or early February 2025.
Hexaom's next press release on the 2024 revenue is scheduled for February 7, 2025, after market close.
R. E.
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