SBM’s Sale of Mineral Water Distribution Activity to Euro Africaine des Eaux (EAE)

2023-06-28 16:18:02

COMMUNIQUÉ

PRESS

Casablanca, June 28, 2023

Disposal of goodwill linked to the activity

distribution “mineral water”

by Société des Boissons du Maroc (SBM) to its subsidiary Euro Africaine des Eaux (EAE)

Following the press release dated June 08, 2023 relating to the sale of all the shares of the company Euro Africaine des Eaux (EAE) to the company DISTRA (Mutandis group) and in connection with the fulfillment of the suspensive clauses related to this operation, the Société des Boissons du Maroc, a company listed on the Casablanca Stock Exchange, announces the completion of the sale of its business related to the “mineral water” distribution activity to its subsidiary Euro Africaine des Waters (EAE).

This intra-group sale, with a neutral effect on the consolidated results, will have a favorable impact on the company’s net income for the 1st half of 2023.

MOROCCO BEVERAGE COMPANY

Public limited company with a capital of 282,965,300 Dirhams Head office: N°38, Boulevard Aïn Ifrane, Lot Alamia, Sidi Moumen Casablanca – Morocco www.boissons-maroc.com

Financial Information & Investor Relations Mr. Philippe CORBIN [email protected]

Disclaimer

Société des Brasseries du Maroc SA published this content on 28 June 2023 and is solely responsible for the information contained therein. Distributed by Publicunedited and unaltered, on 28 June 2023 16:17:05 UTC.

1687990926
#Société #des #Boissons #Maroc #Sale #goodwill #linked #mineral #water #distribution #activity #Société #des #Boissons #Maroc #SBM #subsidiary #Euro #Africaine #des #Eaux #EAE

Leave a Replay