Damartex (ENXTPA:ALDAR) agreed to acquire 95% stake in Santeol on December 19, 2019. The deal is expected to close on January 1, 2020. Damartex (ENXTPA:ALDAR) completed the acquisition of 95% stake in Santeol on March 13, 2020. As per the transaction, Santeol’s management team Led by Didier Schmitt, will retain as Santeol’s independent management and Santeol will represents the creation of a new “Healthcare” division in Damartex.