Fremman Capital and Chequers Capital to acquire a majority stake in Bertin Technologies from FCDE and BNP Paribas Developpement.

Fremman Capital and Chequers Capital, private equity firms, agreed to acquire a majority stake in Bertin Technologies, a provider of high-technology instrumentation solutions, from FCDE, a private equity firm, and BNP Paribas Developpement, an investment company. Financial terms were not disclosed. “This planned change of shareholders is a major event that allows us, first and foremost, to reflect on the progress made with the outgoing shareholders. We are very pleased to welcome Fremman and Chequers to the Bertin adventure to continue our trajectory of growth and profitability. More than ever, in the world we live in, we need strong, sovereign European industries in the critical sectors in which we have operated for many years,” Bruno Vallayer, Bertin Technologies Chairman and CEO.