WINFARM announces final completion of the acquisition of KABELIS Group companies.
04 August 2022 - 01:45AM
WINFARM announces final completion of the acquisition of KABELIS
Group companies.
PRESS RELEASE Loudéac, 3 August
2022
WINFARM announces final
completion of the acquisition of KABELIS Group
companies
WINFARM strengthens its "landscaping" and
"Green Spaces" businessand
becomes one of the
leading players in the Grand-Ouest region
WINFARM (ISIN: FR0014000P11 - ticker:
ALWF), no. 1 in France in distance selling for the agricultural
sector, announces the final completion of the acquisition
from the main shareholder of 70% of the capital of Kabelis and
Kabelis Matériaux.
WINFARM Board met on August 2, 2022 to confirm
the terms and conditions of acquisition of Kabelis and Kabelis
Matériaux. Acquisition is entirely financed in cash.
Founded in 2007 by Stéphane Minec, Kabelis,
specialised in fertilizers, seeds and services for local
authorities, horticulture, golf courses, sports fields … is
among the leading players in the landscaping and green space
development market
With these acquisitions, WINFARM strengthens its
activity on the landscaping market, one of the Group's two key
diversification areas. This activity, at the heart of its
development strategy, has driven the acceleration of its growth
since its IPO in 2020.
Including
Kabelis, this activity
generates revenue of nearly €21
million over the full year, creating a French champion on this
market and the main player in Brittany,
Normandy and Pays-de-Loire.
Next publication: H1 2022
revenue, 1 September 2022 after the market closes
About WINFARM
Founded in Loudéac, in the heart of Brittany, in
the early 1990s, WINFARM is now the French leader in distance
selling for the agricultural world. WINFARM offers farmers and
breeders comprehensive, unique and integrated solutions to help
them meet the new technological, economic, environmental and social
challenges of the next generation of agriculture. With a vast
catalogue of more than 15,500 product references (seeds,
phytosanitary, harvesting products, etc.), two-thirds of which are
own brands, WINFARM has more than 44,500 customers in France and
Belgium.
WINFARM generated revenue in 2021 of €108m. By
2025, WINFARM aims to achieve revenue of around €200m and an EBITDA
margin of about 6.5%.
For more information about the company:
www.winfarm-group.com
Contacts:
WINFARMinvestisseurs@winfarm-group.com |
|
ACTIFIN, financial
communicationsBenjamin LEHARI+33 (0)1 56 88 11
11winfarm@actifin.fr |
ACTIFIN, financial press relationsJennifer
JULLIA+33 (0)1 56 88 11 19jjullia@actifin.fr |
- WINFARM_PR_Kabelis_closing
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