Announced
Completed
Financials
Tags
Private Equity
France
Private
Merger
Friendly
Single Bidder
Domestic
delivery services
Third Party Logistics (3PL)
Majority
Acquisition
Completed
Synopsis
EMZ and Siparex-backed Jacky Perrenot, a French transport company, completed the merger with VIR, a provider of last-mile delivery services for the e-commerce and specialized distribution sectors. Financial terms were not disclosed. “The merger with the VIR group, a recognized expert in home delivery of bulky products, allows us to take a key step in the development of the BtoC delivery activity with integrated services, initiated more than three years ago by the Jacky group. Perrenot. We thus wish to become a major player in the last mile while accelerating the energy transition but also the digital transformation of our businesses, ambitions shared by the VIR group. Our common values will facilitate the integration of employees around this common project which will also benefit all of our customers," Philippe Givone, Jacky Perrenot President.
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