Announced

Florac completed the acquisition of a 51% stake in Bonum Group.

Synopsis

Florac, an investment firm owned by the Meyer family, completed the acquisition of a 51% stake in Bonum Group, a European leader in communication and marketing services for public causes. Financial terms were not disclosed. "With the support of Florac, Bonum Group aims to pursue its strong organic growth and accelerate development through new acquisitions to strengthen its leadership in fundraising in Europe and increase its market share in purpose-driven communication," Déborah Berger, Bonum CEO.

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