Groupe RG to acquire Groupe Vandeputte.

Groupe RG, a specialised distributor of personal protective equipment, agreed to acquire Groupe Vandeputte, a specialized PPE distributor. Financial terms were not disclosed. "The acquisition of Groupe Vandeputte is a significant step in the development of our Group. It confirms our strategic ambition to become the leading PPE specialist in Europe. It is also a key moment for the Vandeputte Group, a family business founded over 70 years ago in Belgium, and for its CEO Dirk Vandeputte. I am therefore honored by the confidence he has shown in us by agreeing to link the destinies of our companies. In the course of our discussions, Dirk and I have come to realize the extent to which our companies share common histories, values and visions. It was these similarities, combined with our shared ambitions, that convinced us of the relevance of this merger and of our ability to succeed together tomorrow. Far from being the end of the story for the Vandeputte Group, this is a new chapter that we will be co-writing with Dirk, who remains at my side in this new and exciting adventure," Pierre Manchini, Groupe RG Chairman and CEO.