Announced

Cerea Capital II acquired Synext Group from Linxis Group.

Synopsis

Cerea Capital II, alongside the management has acquired, from Linxis Group, three companies of its cheese and dairy division: Chalon-Megard, Tecnal et Simon Freres. The dairy division, renamed Synext Group, is the French leader in cheese equipment and the global leader for butter equipment. "We are delighted to take our independence with Céréa Capital, enabling us to focus our efforts on the development of our markets and to seize external growth opportunities in France and abroad." Jerome Villard, Synext Group President Terms of the transaction were undisclosed.

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