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Announced

Completed

Bpifrance, Sofimac Régions, Crédit Agricole Center France Développement and Esfin Gestion completed the acquisition of a stake in Agro-Service 2000 from Naxicap Partners.

Synopsis

A consortium of investment firms Bpifrance, Sofimac Régions, Crédit Agricole Center France Développement and Esfin Gestion completed the acquisition of a stake in Agro-Service 2000, a French provider of agricultural equipment, from Naxicap Partners, a private equity company. Financial terms were not disclosed. “We are proud to have supported Franck Piot and his team over the past 7 years. Agro Service 2000 has profoundly changed its model and its offer over this period and has recently been able to demonstrate a very strong capacity for resilience in a turbulent market context, thus demonstrating the relevance of its strategic positioning and the quality of its teams," Pierre-Antoine Ruyssen, Naxicap Investment Manager.

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