Announced

Financière Jaergerthal completed the acquisition of a 21.88% stake in De Dietrich from Bpifrance.

Synopsis

Financière Jaergerthal, a family holding company, completed the acquisition of a 21.88% stake in De Dietrich, a provider of integrated solutions, equipment, and support services, from Bpifrance, a provider of human resources consulting services. Financial terms were not disclosed. “This transaction is a natural extension of strategic, operational and managerial continuity for De Dietrich Process Systems. With an industrial base in France dating back more than 300 years, and as a shareholder with a long-term outlook, the de Dietrich family is proud to support the company’s ambitions and to play a full role in its continued expansion into new markets thanks to innovation, digitalisation and investment in its manufacturing base, initiated with the assistance of Bpifrance, who we would like to thank for their support over the past 11 years,” Marc-Antoine de Dietrich, Financière Jaergerthal Chairman.

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MergerLinks - Financière Jaergerthal completed the acquisition of a 21.88% stake in De Dietrich from Bpifrance.