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Announced

Completed

Mobivia Groupe and Renault completed the acquisition of a majority stake in Exadis.

Synopsis

Mobivia Groupe and Renault completed the acquisition of a majority stake in Exadis, a France-based company engaged in the distribution of automotive spare parts. Financial terms were not disclosed. "The project provides for Exadis to autonomously pursue and develop its activity as a distributor-stockist of multi-brand automotive parts, based on a management system centralized and a wide range of spare parts and services available within a network of nine distribution logistics platforms covering the entire country French," Mobivia.

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