Sperian shareholder challenges Cinven takeover

Investment Fund Governance for Owners, is believed to hold approximately 10% of the firm.

Cinven take private's takeover bid was supported by the two largest shareholders Essilor and Mrs Ginette Dalloz, who respectively own 15.05% and 13.212% of the business. The purchase agreement, through holding company Menelas, values each share at €70 and the company at €766m including debt.

Sperian is a producer of personal protective equipment (PPE) such as the eyewear safety brand Uvex.

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• France
• PIPEs
• France
• Cinven