TFF Group: acquisition of 51% of the capital of the Petitrenaud group

(CercleFinance.com) - TFF Group and the Petitrenaud family announce that they have signed a partnership agreement under which TFF Group will acquire a 51% stake in the Petitrenaud Group companies (Scierie Petitrenaud and Parqueterie Beausoleil).


Integrated within TFF Group's purchasing division, they will contribute to reinforcing the capacities and efficiency of the teams and tools, in addition to the profitable, complementary and top-of-the-range diversification added by the parquet flooring activity", explains the company.

The cooperage group points out that the Petitrenaud Group has consolidated sales of around 12 million euros, and that its activity will be consolidated in its accounts from May 1, 2024.

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