METabolic EXplorer S.A. (ENXTPA:METEX) signed a share purchase agreement to acquire Ajinomoto Animal Nutrition Europe S.A.S. from Ajinomoto Co., Inc. (TSE:2802) for €15 million on April 15, 2021. Consideration would be paid in two installments, €8 million upon closing and €7 million within 6 months of closing. There is no conditions precedent and transaction is now expected to be completed in the coming weeks.

METabolic EXplorer S.A. (ENXTPA:METEX) completed the acquisition of Ajinomoto Animal Nutrition Europe S.A.S. from Ajinomoto Co., Inc. (TSE:2802) on May 3, 2021. AANE will officially take the name of METEX NØØVISTAGO in the coming weeks. Benjamin Gonzalez, Founder and CEO of METabolic EXplorer, was appointed Chairman of METEX NØØVISTAGO on April 28, 2021. David Demeestere was appointed as Deputy Managing Director of Industrial Operations of the Group. Chairman of AANE, David DEMEESTERE also took over the General Management of METEX NØØVISTAGO. Pierre-Louis Périn, David Faravelon, Alexandre Ancel, Claire Poirson, Léa Monel, Frédéric Flatrès, Valentin Besnard and Charles Koskas of Bersay & Associés acted as a legal advisor, Nicolas Segrétain, Bertrand Duquesne and Romain Etienne of Natixis Partners acted as a financial advisor, Eric Douheret, Fabien Radisic, Delphine Lévy, Louis Barailler and Alexis Decerf of PricewaterhouseCoopers France acted as an accountant, Philippe Pataux and Nadège Geneix of Cabinet Jacques Barthélémy & Associés acted as a legal advisor, Natasha Tardif and Khushbu Kumar of Reed Smith Rambaud Charot LLP acted as a legal advisor to METabolic EXplorer. Takeshi Nakao, Marcus Wolter, Hugh Goodwin, Raphael Darmon and Marion Berberian of Freshfields Bruckhaus Deringer (France) acted as a legal advisor to Ajinomoto Co., Inc.