Regulated information - Paris, January 27th 2022
CNIM Group announces the sale
of its subsidiary LAB
CNIM Group announces that it has sold its remaining 51% stake in LAB to its co-partner, the German company Martin GmbH, its historical partner, after consulting the relevant employee representative bodies.
In the context of this transaction, Martin GmbH waived the balance of the bonds issued by CNIM Group.
LAB specialises in the design, construction, installation and commissioning of flue gas treatment and condensation heat recovery systems for waste-to-energy and biomass plants, power stations and industrial boilers.
About CNIM Group
CNIM Group develops, designs and builds turnkey industrial equipment with a high technological content and offers expertise, services and operations in the fields of the environment, energy, defence and industry.
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CNIM - Constructions Industrielles de la Méditerranée SA published this content on 27 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2022 19:27:01 UTC.