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New Deal


Announced

Gimv sold its minority stake in Legallais.

Financials

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France

Minority

Acquisition

Private

construction goods

Private Equity

Diversified Materials

Synopsis

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Private equity firm Gimv sold its minority stake in Legallais, an ironmongery, general construction goods and finishing work products provider. Financial terms were not disclosed. Philippe Casenave-Péré, CEO of Legallais, says: “We are pleased to have had Gimv’s partnership over the past three years. Thanks to their constant support, industrial expertise and know-how in supporting family-owned SMEs, we have been able to pursue our growth strategies, strengthen our market leadership and increase our profitability

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