Roche Bobois acquires three franchisees in the United States

(AOF) – Roche Bobois has exercised the unilateral purchase option it enjoyed for three franchise stores located in Atlanta, Houston and Dallas in the United States. This purchase option, which was scheduled to be exercised with a right to exercise over the period from January 2022 to June 2023, is part of the Share Purchase Agreement (SPA) signed in November 2020 under the terms of which Roche Bobois was engaged in a two-phase takeover of six stores. The first three stores located in San Francisco, Seattle and Portland had been integrated into the group when the SPA was signed.

As part of this operation, Roche Bobois will take over all of the activity, inventory and staff of the three stores located in Atlanta, Houston and Dallas and will operate these 3 showrooms on a total area of ​​2,500m2, without however being the owner. walls.

With this acquisition, Roche Bobois confirms its strategy of strong territorial anchoring in the United States, the leading country contributing to turnover and strongly creating value for the group with a very high EBITDA, in accordance with the brand’s standards in the United States. United.

In 2021, these three stores achieved $11.6 million in business volumes (up +54% compared to fiscal 2020).

The group plans to carry out development work to further exploit the potential for increased volumes and profitability of its three stores.

This accretive acquisition, which will be finalized within 3 months, will have a positive effect on revenue growth and on the group’s consolidated EBITDA margin from 2023.

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