Raise Investissement to acquire a minority stake in Groupe TGW for €40m.

Raise Investissement, as an investment company, agreed to acquire a minority stake in Groupe TGW, a provider of innovative approach to waste management and traceability, for €40m. "We are very proud to welcome a new shareholder to our capital with the arrival of RAISE Impact, as well as to see the renewed confidence of our historical shareholders, Bpifrance, Rives Croissance and TREC, which represents a strong marker for our group and the market. The challenge for the TGW group is to continue to innovate and develop to improve the recovery of waste through better collection and ever more efficient sorting in order to support our customers in their environmental approach. The arrival of RAISE Impact, through its DNA and its ecosystem, will allow us to continue to capitalize on the values of the group and the fundamentals of our model, while positioning ourselves in new markets and territories," Matthieu de Chanaleilles, Groupe TGW President.