Announced
Financials
Sources
Tags
Acquisition
Single Bidder
Majority
Friendly
Cross Border
specialty vehicle manufacturing
Private Equity
France
Private
Pending
Automobiles
Synopsis
Edify, an industrial holding company, agreed to acquire a majority stake in Ligier Group, a vehicle manufacturing, from BNP Paribas Developpement, Siparex Groupe and Carvest. Financial terms were not disclosed. The acquisition of Ligier Group is in line with Edify’s strategy, which involves, firstly, offering long-term support to companies that are growing and transforming, and secondly, enhancing its portfolio of shareholdings by implementing strategic disposals and seeking larger investment opportunities.
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