Announced
Completed
Financials
Tags
Maintenance Repair and Overhaul (MRO)
Friendly
Private
Domestic
Single Bidder
Majority
France
Acquisition
mechanical maintenance
Completed
Synopsis
Paprec, an environmental service company, completed the acquisition of the O&M unit of CNIM, a French equipment manufacturer and industrial contractor operating on a worldwide basis. Financial terms were not disclosed. Depending on the outcome of the negotiations, employee representative organizations will be consulted, the finalized project will be submitted to CNIM Group’s governance bodies, competent supervisory authorities and creditors and the market will be duly informed.
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