2MX Organic S.A. (ENXTPA:2MX) agreed to acquire Invivo Retail from Union InVivo - Union de Coopératives Agricoles for approximately €550 million on June 9, 2022. After the acquisition InVivo Retail would become a 100% owned subsidiary of 2MX Organic and InVivo group would become the majority shareholder with at least 59.76% of the share capital of 2MX. The implied pro forma enterprise value of 2MX Organic post completion of this transaction would amount to €1,030 million. Invivo Retail has a turnover of €867 million and EBITDA of €99 million in 2021. The Contribution is subject to Capital Increase, regulatory approval and approval of the shareholders of 2MX Organic and Board of 2MX approved the deal. The transaction is expected to close on July 29, 2022. Natixis Partners acts as financial advisor and Fidal acts as legal advisor to the InVivo group. Centerview Partner and Deutsche Bank acted as financial advisor and Racine and Sekri Valentin Zerrouk acted as legal advisors to 2MX Organic. 2MX Organic S.A. (ENXTPA:2MX) completed the acquisition of Invivo Retail from Union InVivo - Union de Coopératives Agricoles on June 30, 2022.