Suppliers, Franchised, Executives, Founders, Mestre Family, Gotlib Family and Employees agreed to acquire assets of Orchestra-Prémaman S.A. (ENXTPA:KAZI) for €35.5 million on June 19, 2020. Under the terms of transaction, €15.5 million will be paid on day of the signing the deed of conveyance which will occur maximum 6 months after the date of judgment and €20 million over next 48 months. The selected offer includes the acquisition of 1,110 work contracts (954 employees on permanent contracts) and 156 on fixed-term contracts, 430 points of sale of which 257 in France, purchasing offices and the direct or indirect acquisition abroad of 1,633 employees. As of September 14, 2020, The buyers raised €19.5 million to finance the acquisition. Commercial Court of Montpellier has appointed buyer of the assets of Orchestra-Prémaman in judgment delivered. Jean-Dominique Daudier de Cassini and Yannick Piette of Weil, Gotshal & Manges LLP, Paris acted as legal advisor to Orchestra-Prémaman S.A.