Following the communication of December 6, HERIGE Group announces that it has finalized the sale to SORIBA of its NAULLET entity which at 31 December 2016 represented a turnover of €5.2 million.
All 33 employees join the SORIBA Group, a specialist in architectural concrete that already has some one hundred employees spread between two production sites in France's Vendée region.
This sale is part of the HERIGE Group's determination to simplify its business portfolio to better focus its investments on development projects in its core business and build greater resilience.
NEXT PUBLICATION: Q4 turnover on 6 February 2018 (after the stock exchange closes)
All our financial communications are available on our website www.groupe-herige.fr
HERIGE (ex VM Matériaux) focuses on three business sectors of the building industry: Materials trading, the Concrete industry and Industrial joinery. Originally based in the Vendée region, HERIGE currently employs more than 2,400 people and has a strong presence in Western France.
HERIGE is listed on Euronext Paris, Compartment C
Indices: CAC SMALL, CAC MID & SMALL, CAC ALL TRADABLE, ENTERNEXT©PEA-PME 150
Codes: ISIN FR0000066540, Ticker: HERIG
Bloomberg HERIG.FP, Reuters HERIG.PA
Alain MARION - Chairman of the Executive Board
Caroline LUTINIER - Head of Group Communication
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 As per IFRS 5, the NAULLET business has been deconsolidated since 1 January 2017.