Announced

Completed

Montefiore Investment completed the acquisition of Ciela Village from Galactus Invest.

Synopsis

Montefiore Investment, a French specialist in investments in small and mid-sized service companies, completed the acquisition of Ciela Village, a family-run group specialising in outdoor holidays in 4 and 5-star campsites, from Galactus Invest, a family-owned investment company focusing on hospitality in France. Financial terms were not disclosed. "We are proud to support Ciela Village and put our expertise at the service of its development. Our teams were convinced by the group’s potential and its family DNA, which is in line with Montefiore’s values. We are fully committed to supporting Ciela Village’s dynamic growth to make it a key player in the tourism sector," Téodora Alavoidov, Montefiore Investment Managing Director.

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