Siparex to acquire a majority stake in Sodikart from Evolem.

Siparex, a private equity firm, agreed to acquire a majority stake in Sodikart, a manufacturer of go-karts, from Evolem, a private equity fund. Financial terms were not disclosed. “I would like to warmly thank EVOLEM, which has accompanied us over all these years in defining and validating the Group's strategy. We are now going to write a new page in our history with the arrival of Siparex ETI. Magnificent challenges and opportunities will allow us to pursue the development of our businesses," Bertrand Pignolet, Sodikart Chairman and CEO.