# Gimv in exclusive talks to acquire majority stake in Groupe Claire

Gimv entered exclusive negotiations to acquire a majority stake in French water network equipment maker Groupe Claire, alongside its management, from majority owner Industries et Finances. Groupe Claire has about 190 staff and annual turnover of around EUR 50 million.

- Type: Acquisition
- Announced: 2018-11-16
- Where: France
- Status: announced
- Products: drinking water metering, connection and control equipment, leak detection systems
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Gimv](https://endata.com/companies/4203.md) (acquirer)
- [Groupe Claire](https://endata.com/companies/4204.md) (target)
- [Industries et Finances](https://endata.com/companies/4205.md) (partner)

## Sources

- [gimv.com](https://www.gimv.com/en/news/gimv-exclusive-negotiations-industries-finances-become-majority-shareholder-groupe-claire), 2018-11-16: "Gimv will be acquiring a majority stake in Groupe Claire, alongside its management, in order to support the company's development in France and abroad."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.