The specialist of electronic labels (sales of €177 million in 2016 via 150 million labels in 12,000 stores) entered exclusive negotiations with BOE Technology from China, the world’s largest screen manufacturer for tablets, smartphones, etc. SES was valued €410 million i.e. 89 times its net profit.
“The deal needs to be confirmed, probably by September and SES will remain listed in Paris with Thierry Gadou as C.E.O.,” said Guillaume Portier, Marketing Director of SES Imagotag. The group aims...