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REVIVAL EXPANSION is an indirect subsidiary of DERICHEBOURG SA, a shareholder in different companies operating in the industrial field, more specifically, in the recycling and recovery of metal waste.
Historically, REVIVAL EXPANSION has been specialized in recovering and recycling ferrous metals (iron and steel), particularly recovering railway tracks from the SNCF and non-ferrous materials (aluminium, copper, lead, and zinc).
REVIVAL EXPANSION was acquired by the DERICHEBOURG Group in 2019. At the beginning of 2022, REVIVAL EXPANSION sold its real estate assets and thus became a pure shell company.
Given the cessation of all activities on the one hand and a minimal free float on the other, REVIVAL EXPANSION has initiated a delisting procedure.
ATOUT CAPITAL advised REVIVAL EXPANSION for the launch of a Voluntary Offer to buy back its shares listed on EURONEXT ACCESS.
With over 67% of the shares (not held by the main shareholder) tendered to the offer, WESTEVER, the reference shareholder of REVIVAL EXPANSION, now holds more than 99.99% of the capital and voting rights of REVIVAL EXPANSION.
At the request of REVIVAL EXPANSION, the shares have been delisted from EURONEXT Paris.