Inactive Instrument

Tivoly

Equities

ALTIV

FR0000060949

Industrial Machinery & Equipment

Tivoly SA agreed in principle to acquire 89% stake in Tivelon Hong Kong.

August 31, 2012 at 05:00 am

Tivoly SA (ENXTPA:TVLY) agreed in principle to acquire 89% stake in Tivelon Hong Kong on August 31, 2012. As a part of the transaction, Tivoly SA will also acquire 89% stake in the subsidiaries of Tivelon Hong Kong. The transaction was approved by the Supervisory Board of Tivoly SA.

The transaction is expected to complete before December 31, 2012.

Latest news about Tivoly

Tivoly S.A. Reports Earnings Results for the Full Year Ended December 31, 2021	18/04/22	CI
Peugeot Freres Industrie Eyes to Take-Control of Tivoly	04/02/22	CI
Tivoly S.A. Reports Earnings Results for the Half Year Ended June 30, 2021	23/09/21	CI
Global markets live: Airbnb, Coinbase, Walt Disney,...	14/05/21
Tivoly S.A. Reports Earnings Results for the Half Year Ended June 30, 2020	29/07/20	CI
GLOBAL MARKETS LIVE: The market purge weighs more heavily on a few sectors	24/02/20
Tivoly S.A. acquired 90.27% stake in Fabrique De Fraises Dentaires Et Mecaniques SA.	16/10/16	CI
Tivoly In Talks To Buy FFDM	16/09/16	CI
Tivoly S.A. acquired Tivoly DF.	26/11/15	CI
Tivoly SA(ENXTPA:TVLY) added to CAC All-Tradable Index	26/12/14	CI
Tivoly SA(ENXTPA:TVLY) added to CAC Small Index	23/12/14	CI
Tivoly family acquired 15% stake in Tivoly SA for €3.1 million.	12/12/14	CI
Tivoly SA completed the acquisition of 89% stake in Tivelon Hong Kong.	19/12/12	CI
Tivoly SA agreed in principle to acquire 89% stake in Tivelon Hong Kong.	31/08/12	CI

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Company Profile

Tivoly specializes in the design, manufacture and marketing of cutting tools (drill bits, augers, screw-taps, countersinks, reamers, screw-tips, etc.). The group is active in two markets: - general public and professional market: large DIY stores, hardware stores, maintenance companies, builders, and wholesale industrial supply distributors; - mechanical construction: primarily industries, specialized industrial supply distributors, and machine-tool manufacturers. Tivoly also offers consulting and training services. At the end of 2021, the group had 8 production sites located in France (3), China (2), Spain, the United States and the United Kingdom. Net sales are distributed geographically as follows: France (69%), the United States (15.9%), Spain and Latin America (9.8%), China (5%) and the United Kingdom (0.3%).

Sector

Industrial Machinery & Equipment

More about the company

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Machine Tools