Gimv sold its minority stake in Legallais.

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