Somfy SA (ENXTPA:SO) signed an agreement to acquire 6.33% stake in ELCIA, SAS on March 30,2022. Somfy will finance the acquisition using existing cash resources. As of December 31,2021 Elcia generated a turnover of €26 million.

The subject to the fulfilment of the usual conditions precedent. The transaction will Close on April 14,2022,