a new takeover bid among small caps

Families. Tipiak will be the subject of a takeover bid by the Terrena agricultural cooperative. The founding families are preparing to sell their shares at a unit price of 88 Euros, a premium of 27%. The deal is carried out on the basis of a capitalization of 80 ME. Thanks to Terrena’s expertise, the backing should promote the acceleration of Tipiak’s development… Founded in 1967, the target company offers frozen ready-made meals, groceries, cocktail products… It owns 7 factories located in the west of France representing a total workforce of 1,300 people. Note that international accounts for 25% of billings.