HIRSCH France SAS reached an agreement to acquire 49.9% stake in Isossol SAS and the French expanded polystyrene (EPS) business of Placoplatre SA (ENXTPA:MLPLC) on November 4, 2019. The completion of this transaction is subject to the approval of the relevant competition and regulatory authorities. The transaction should be effective by the end of 2019. Carl Axel Morvay of Cirio Advokatbyrå AB acted as legal advisor for BEWiSynbra Group, joint venture partner in HIRSCH France in the transaction.