FCDE completed the acquisition of a majority stake in Récréa from Financière Batteur and NCI Gestion for $17m.

FCDE, a capital market company, completed the acquisition of a majority stake in Récréa Group, an operator of aquatic leisure facilities, from Financière Batteur, a pharmaceutical company, and NCI Gestion, a private equity firm, for $17m. “We congratulate ourselves on the entry into Récréa's capital of a committed institutional investor such as FCDE that is in a position to accompany our company’s transformation. This marks another key phase in the group’s development, which is expected, in particular, to facilitate the successful merger between Récréa and S-Pass and enhance the public service dimension with regard to learning how to swim and healthy sports activities,” Gilles Sergent, Récréa Group Chairman.