BRIEF

on COMPAGNIE BOIS SAUVAGE (EBR:COMB)

Compagnie du Bois Sauvage Finalizes Acquisition of Jeff de Bruges

Stock price chart of COMPAGNIE BOIS SAUVAGE (EBR:COMB) showing fluctuations.

Compagnie du Bois Sauvage has completed the acquisition of the remaining 34% stake in Jeff de Bruges, becoming its sole shareholder. This strategic move enhances Bois Sauvage's Chocolate division, a significant value driver for the group.

All conditions outlined in the Memorandum of Understanding have been met. This marks a pivotal development for both companies, reinforcing their existing relationship and paving the way for future collaboration.

The acquisition underscores the importance of expanding within the confectionery market, aligning with Bois Sauvage's strategic goals. Both companies express optimism about the prospects this union creates.

R. E.

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