Paprec France SA signed an agreement to acquire 20% stake Groupe Pizzorno Environnement (ENXTPA:GPE) from Pizzorno-Devalle family on August 10, 2021. Following this transaction, the family shareholders will retain a majority stake in the waste treatment group. In the context of the shareholders' agreement, it is provided that Paprec will benefit from a seat on the Board of Directors as well as a right of first refusal in the event of a sale of shares by the Pizzorno-Devalle family. The transaction is subject to shareholders? approval, obtaining a prior decision from the Autorit? des march?s financiers (AMF). The transaction will take place in the fall of 2021. Agathe Soilleux and Frederic Cazals of Weil, Gotshal & Manges LLP, Paris acted as legal advisor to Paprec France SA.