Edify to acquire a majority stake in Ligier Group from BNP Paribas Developpement, Siparex Groupe and Carvest.

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.