Groupe BRIAND signed an agreement to acquire Astron Buildings S.A. from Lindab International AB (publ) (OM:LIAB) on September 23, 2021. Astron's sales amounted to approximately SEK 950 million in 2020. The acquisition is subject to anti-trust approval in Russia, which is expected to be received within two to four months.

Until approval is obtained, Astron will continue to be part of Lindab. The transaction is not expected to have any larger impact on Lindab's total cash flow. As of December 3, 2021, Antitrust body approved the deal.

Vianney de Bagneaux, Christine Blaise-Engel, Mickael Attraction, Alexandre Rosin, Anne Frotté, Louis-Emmanuel Ruggiu, Simon Desplanques, Fabienne Olivard, Isabelle Galand Padrao, Hugues Jeanteur, Elise Jacot and Elsa Krieger of Fidal acted as legal advisor to Groupe Briand SAS. Luther Rechtsanwaltsgesellschaft mbH, Luther, So'tysi'ski Kawecki & Szl'zak, Glatzová & Co., Forgó, Damjanovic & Partners Law Firm, Egorov Puginsky Afanasiev & Partners, Maqs Advokatbyrå Stockholm Ab acted as legal advisors to Groupe Briand SAS.