Caspar, a real estate holding and developing company, launched a tender offer for the remaining shares of Oeneo, a manufacturer of wine barrels and corks, for $14.9 per share. The offer should be opened and completed within the first quarter of 2020. The offer reflects Caspar's desire to support Oeneo's development, while avoiding the constraints of a stock market listing and in a context of increasing volatility in the cost of raw materials and intensifying competition.