Derichebourg SA (ENXTPA:DBG) agreed to acquire 14.7% in Elior Group SA (ENXTPA:ELIOR) from Bim SAS and Gilles Cojan for on May 19, 2022. Derichebourg will acquire 14.7% of Elior's share capital from BIM and Gilles Cojan at a price of €5.65 per Elior share with a potential earn-out clause up to €1.35 per share based on Elior's share price evolution between January 1st, 2023 and December 31st, 2024. Following this investment, Derichebourg will ask for two seats at Elior's Board of Directors.

The transaction is subject to close on June 30th, 2022. Jérôme Roustit and Didier Fornoni of Hoche Société d'Avocats acted as legal advisor to Derichebourg SA. acted as financial advisor to Bim SAS.