SIMB entered into a definitive agreement to acquire 22.6% stake in cSA (ENXTPA:MRB) from Tabur Family Representatives for €34.5 million on June 2, 2016. SIMB will offer €14.70 per share. The acquisition will be financed through equity for €5.7 million and a €28.8 million bank loan. Following the transaction, Michel Tabur, who would still hold 3.28% in Mr. Bricolage SA on a personal basis, would remain on as a director and continue to support the Group with its development. Frédéric Jungels Catherine Maison-Blanche of Allen & Overy Paris acted as legal advisor for Tabur family. Philippe D'hoir and Séverine Beaufre of D'hoir Beaufre Associés acted as legal advisor Mr. Bricolage and ANPF. Christophe Marchand, Emmanuelle Dittmer, Laure Klein of Edmond de Rothschild Corporate Finance acted as financial advisors to Mr. Bricolage. Erwan Poisson of Allen & Overy Paris acted as legal advisor toTabur family. SIMB completed the acquisition of 22.6% stake in Mr. Bricolage SA (ENXTPA:MRB) from Tabur Family Representatives on July 11, 2016.