Antin Infrastructure-backed Idex Group to acquire Sylviana from Altawest and the Banque des Territoires for €90.

Antin Infrastructure-backed Idex Group, an energy conservation related industrial services provider, agreed to acquire Sylviana, an energy project developer, from Altawest, a designer and manufacturer of industrial equipment, and the Banque des Territoires for €90m. “The combination of the Idex and Sylviana teams will make it possible to take full advantage of our group's expertise in biomass supply. The Var has significant forest deposits and Idex's local roots will make it possible to diversify supplies with category A and B wood. From the forest to the boiler, Sylviana has thus vertically integrated the biomass supply chain, which constitutes an exemplary model that can be reproduced on other Idex assets,” Benjamin Fremaux, Idex CEO.