Impala SAS and MM . Legendre, Vignaud, Pauly and Tan, the current managers of Alès Groupe S.A. acquired All Assets of Alès Groupe S.A. (ENXTPA:ALPHY) for €13.5 million on September 24, 2020. Impala’s offer, concerned all the company’s assets with the exception of the professional hairdressing division. In the deal, the hairdressing division (Franklin Roosevelt Coiffure et Beauté and its subsidiaries Laboratoires Ducastel, Alès Groupe Distribution, Boy-Diffusion and Distri-Coiff) will be taken over by the current managers (MM . Legendre, Vignaud, Pauly and Tan) in accordance with an offer they made jointly with Impala. Along with the takeover of the group’s cosmetics division by Impala, Alès’ hairdressing division, comprising the professional brands Subtil and Kydra as well as the salons distribution network, is taken over by current managers. The take-over plan includes a commitment to maintain employment for 97 of the 102 employees of Alès Groupe (and its French subsidiaries) for 24 months. The transaction was approved by the Paris Commercial Court. Alexandra Bigot, Alexander Crosthwaite, Célia Jiquel et Eeva Bernard, Louise Gurly, Fabrice Fages, Adrien Giraud and Eeva Bernard of Latham & Watkins acted as a legal advisors to Impala SAS. Lazard acted as financial advisor to Alès Groupe S.A. Géraldine Lepeytre of Joffe et Associes, Jean-Dominique Daudier de Cassini of Weil, Gotshal & Manges LLP, Paris, Veil Jourde acted as legal advisor for Alès Groupe. Arcanthe acted as legal advisors for managers of Alès Groupe. Simon & Associés acted as legal advisors for Alès Family (majority shareholder) Impala SAS and MM . Legendre, Vignaud, Pauly and Tan, the current managers of Alès Groupe S.A. completed the acquisition of All Assets of Alès Groupe S.A. (ENXTPA:ALPHY) on September 24, 2020.