Polygon Group keeps expanding in France

Polygon Group, the leading European player in property damage control, is excited to announce the acquisition of the Sodepol Group, a distinguished company based in Onet-Le-Chateau, France, specializing in property damage restoration, including asbestos removal servicing entire Southwest of France. This acquisition marks an important step in Polygon's strategy to expand its national footprint while underlining its full dedication to the French market as one of the major markets in Europe.

Founded in 2002, Sodepol Group has grown to encompass three legal entities (Sodepol, Ferrié, 2a désamiantage) and has established itself as a key player in the region with a revenue of close to EUR 10 million. Sodepol's strong relationships with insurance companies, loss adjusters, and both commercial and public sector clients complement Polygon's existing services and customer base.

“Sodepol Group’s robust operational capabilities and strong local relationships provide an excellent addition to Polygon France. Their expertise and local connections will enhance our services and drive growth in the market” said Damien Comandon, Country President of Polygon France.

Jean-Marie Durand and Arnaud Foissac, co-owners of Sodepol Group, commented, "Joining Polygon Group opens new avenues for growth and development. Our combined expertise and resources will allow us to serve our clients even more effectively and pursue larger and more complex projects across France."

With the addition of Sodepol's expertise and capabilities, Polygon is now better positioned to meet the diverse needs of its customers and enhance its services also beyond France. “This acquisition is strategically significant for our Group, as it will accelerate our growth plans in the crucial French market and reinforce our position as the leading player in Europe” said Axel Gränitz CEO and President of Polygon Group.

For additional information about the acquisition, please contact:

Axel Gränitz, CEO and President of Polygon Group, axel.graenitz@polygongroup.com; , +49 172 463 00 00

Åsa Källenius, CFO of Polygon Group, asa.kallenius@polygongroup.com, +46 704 62 45 28.