STEF S.A. (ENXTPA:STF) signed a memorandum of understanding to acquire Sa Gregoire Galliard from Laurent Hervé on December 6, 2018. Post completion, Laurent Hervé will depart from Sa Gregoire Galliard. For year 2017, Sa Gregoire Galliard reported the turnover of €15 million. The transaction will be finalized in early January 2019.