The Lafuma Group announced today that Calida Holding has carried out its planned acquisition of 2.5 million new shares in the company at a price opf €14 per share, for a total investment of €35 million. It thus holds now 50.65 percent of Lafuma's equity and voting shares. In a subsequent phase, which may take place in mid-January, other existing shareholders will be able to buy new shares of Lafuma at a price of €9 each, for a further investment of €10 million. The refinancing plan had already been proposed by Calida. It was approved by Lafuma's shareholders and stock exchange authorities at the end of last week. Meanwhile. Felix Sulzberger, chief executive of Calida and Lafuma, has announced that the latter's head office will be moved from Anneyron to Annecy, where Millet, Oxbow and other textile operations of the group are currently located.

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