Paprec completed the acquisition of the O&M unit of CNIM.

Paprec, an environmental service company, completed the acquisition of the O&M unit of CNIM, a French equipment manufacturer and industrial contractor operating on a worldwide basis. Financial terms were not disclosed. Depending on the outcome of the negotiations, employee representative organizations will be consulted, the finalized project will be submitted to CNIM Group’s governance bodies, competent supervisory authorities and creditors and the market will be duly informed.