Thermador Groupe: Shift in Shareholding Reflects Dutreil Pact Alignment

On January 6, 2025, Thermador Groupe was informed about significant changes in its shareholding structure. Investmentaktiengesellschaft für langfristige Investoren TGV, a German entity, disclosed that it had transferred all its shares in Thermador Groupe to Mr. Norman Rentrop as of December 30, 2024. This shift marked the investor’s exit from holding any shares, as their stake dropped below 5%.

This transaction involved the transfer of 827,668 shares to Mr. Rentrop, who consequently rose above the 5% ownership threshold. Following this, he reported holding 827,669 shares, aligning with previous announcements regarding the Dutreil Pact.

The transaction is framed within the criteria of the Dutreil Pact, consolidating 25.14% of Thermador Groupe’s capital under its provisions. The reallocation illustrates ongoing strategic alignment within the framework of shareholder agreements.