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Announced

Completed

Groupe Basaltes completed the acquisition of Ceccon Freres.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Acquisition

Friendly

France

aggregates

Domestic

Completed

Single Bidder

Building Materials: Other

Majority

Synopsis

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Groupe Basaltes, an independent French quarryman, completed the acquisition of Ceccon Freres, a company specializing in the production of aggregates for the construction industry. Financial terms were not disclosed. “Ceccon Frères will retain a large degree of autonomy within the decentralized model of Basaltes. the integration of the subsidiary within Basaltes has been entrusted to Eric Liglet, Thierry Ceccon assuming the chairmanship of the supervisory board as well as as well as the follow-up of the land and real estate projects of the subsidiary,” Groupe Basaltes.

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