Announced
Completed
Financials
Tags
Completed
France
Acquisition
Private Equity
Consumer Services: Other
district heating
Private
Natural
Single Bidder
Synopsis
First State Investments, an investment company has completed its acquisition of Coriance, a French district heating company from KKR. Financial terms were not disclosed. Yves Lederer, CEO of Coriance, said: “Our company is well placed to take advantage of increasing demand in public tender processes for heating solutions based on renewable energy. We look forward to taking the next step in our development together with First State, whose profile and objectives fit perfectly with those of Coriance as a business.”
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