Announced

Completed

For Talents completed the acquisition of a minority stake in GPA.

Synopsis

For Talents, an investment company, completed the acquisition of a minority stake in GPA, a distributor of used and recycled vehicle parts. Financial terms were not disclosed. "Our industry is evolving and GPA is undergoing its own transformation. We are in a phase of significant growth and change. Beyond the reusable parts we produce to enable more sustainable repairs, we are also increasingly focused on secondary raw material production. GPA is at the heart of the transformation of an automotive industry that is becoming both more circular and electrified. For Talents’ entry into our capital marks a decisive turning point. Their expertise and support will not only ensure a successful transition, guaranteeing stability, but also provide the means for us to maintain our independence," Johan Renaud, GPA President.

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