# Peugeot Frères Industrie to acquire majority stake in Tivoly group

Peugeot Frères Industrie entered exclusive negotiations to acquire a majority stake in Holding Tivoly, the majority shareholder of Tivoly S.A., a French market leader in cutting tools. The transaction includes a simplified tender offer for all Tivoly S.A. shares at an estimated price of €41.5 per share.

- Type: Acquisition
- Announced: 2022-02-03
- Where: France
- Status: announced
- Products: cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Peugeot Frères Industrie](https://endata.com/companies/60791.md) (acquirer)
- [Holding Tivoly](https://endata.com/companies/60792.md) (target)
- [Tivoly S.A.](https://endata.com/companies/60793.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2022/02/03/2378169/0/fr/2022-02-03-press-release-pfi-tivoly.html), 2022-02-03: "Peugeot Frères Industrie is strengthening its presence in Tooling, the original sector of the Peugeot brand, with the planned acquisition of the Tivoly group."

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