Renault Group to acquire full ownership of Flexis SAS

Renault Group signed a binding agreement to acquire the 45% stake of Volvo Group and 10% stake of CMA CGM Group in Flexis SAS, taking full ownership of the electric van joint venture. The deal is subject to antitrust approvals and could close by end of first half of 2026.

“Renault Group will thus oversee the development of this entirely new, fully electric, range of light commercial vehicles, incorporating state‑ of‑ the‑ art technologies.”media.renaultgroup.com

• 1 source
• media.renaultgroup.comFlexis enters new phase as Renault Group takes full ownership - Renault Group global media websiteMinatchi TonyFeb 23, 2026

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