Groupe Crystal and Seven2 to acquire Primonial Ingénierie & Développement.

Groupe Crystal and Seven2, private equity firms, agreed to acquire Primonial Ingénierie & Développement, a savings and real estate asset management company. Financial terms were not disclosed. “With this project, we are choosing to bring our Consulting and Distribution of investment solutions activity closer to a renowned, fast-growing entrepreneurial group. I am extremely proud of the progress made by all the teams throughout these years to build, with an innovative and resolutely customer-oriented spirit, a solid organization capable of facing the major challenges of the sector. I have the strong conviction that the bringing together of these two already very successful companies in our ecosystem will give rise to strong complementarities and synergies, serving our customers and partners,” Stéphane Vidal, Primonial group President.