Announced

Completed

21 Invest France and Bpifrance-backed Agorastore completed the acquisition of Auctelia.

Synopsis

21 Invest France and Bpifrance-backed Agorastore, a technological company, completed the acquisition of Auctelia, a machinery manufacturing. Financial terms were not disclosed. "While Agorastore has just announced the entry of 21 Invest France and Bpifrance into its capital, this first acquisition outside France falls into our organic and external development strategy in France and in Europe, with the objective of rapidly tripling our sales volume. Led by its manager Olivier Maton, Auctelia has the expertise, customer recognition and ideal positioning to successfully constitute our growth partner in the Benelux region,” Olivier de La Chaise, Agorastore CEO.

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