Announced
Financials
Sources
Tags
vehicle testing services
Domestic
Acquisition
Majority
Single Bidder
France
Private
Auto Services
Friendly
Private Equity
Pending
Test Inspection and Certification (TIC)
Synopsis
Private equity firm Eurazeo PME agreed to acquire a majority stake in UTAC CERAM, an independent group, global provider of homologation and testing services for vehicles and equipment, from FCDE and CCFA. The transaction will allow Eurazeo PME to hold the majority of the capital along with the current shareholders FCDE, CCFA, directors and key executives.
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