AST GROUPE has taken over independent housebuilder DPLE

  • Home - EN
  • NEWS
  • AST GROUPE has taken over independent housebuilder DPLE

AST GROUPE has taken over independent housebuilder DPLE

Publish the 02 October 2018
AST, France's third largest housebuilder, is taking an initial 70% stake in DPLE, with the option of acquiring the remainder within three years.

The firm's current management, which will remain in place, will benefit from an earn-out clause.

This acquisition will enable AST Groupe, which is listed on compartment C of Euronext, to boost its presence in western France.

The deal will also take its sales over the EUR 200 million mark from 2018 onwards. LAMY LEXEL advised AST as buyer in this deal.

Previous Next

Contact us

Would you like more information on LAMY LEXEL or make an appointment ? Help us to give you the answer best adapted to your situation by filling in this form and we will answer you as soon as possible.
Subject*
SIGN UP FOR OUR NEWSLETTERS ON LEGAL NEWS
By continuing to use this site, you accept the use of cookies to optimize your user experience.