# Thermador enters exclusive negotiations to buy back Eurobinox shares

Thermador Groupe announced exclusive negotiations with the shareholder of regional competitor Eurobinox to buy back its shares. Eurobinox, based near Lyon, makes valves, fittings and tubes and had turnover of EUR 14.5 million last year.

- Type: Acquisition
- Announced: 2019-09-24
- Where: Chaponost, Lyon area, France
- Jobs: 42
- Status: announced
- Products: valves, fittings, tubes, accessories
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Thermador Groupe](https://endata.com/companies/1987.md) (acquirer)
- [Eurobinox](https://endata.com/companies/5579.md) (target)

## Sources

- [batinfo.com](https://batinfo.com/en/actuality/thermador-negotiates-the-acquisition-of-a-competitor-regional_13698), 2019-09-24: "Thermador Groupe has announced that it has entered into exclusive negotiations with the shareholder of its regional competitor Eurobinox in order to buy back its shares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.