# Eurazeo to acquire majority stake in UTAC CERAM for €80M

Eurazeo, through its subsidiary Eurazeo PME, signed an exclusivity agreement to invest about €80 million to acquire a majority stake in UTAC CERAM, a French automotive testing and homologation group.

- Type: Acquisition
- Announced: 2020-07-30
- Where: France
- Value: $94.0M (80.0M EUR)
- Status: announced
- Products: automotive testing and homologation services
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Eurazeo](https://endata.com/companies/25357.md) (acquirer)
- [FCDE](https://endata.com/companies/49006.md) (partner)
- [UTAC CERAM](https://endata.com/companies/49007.md) (target)

## Sources

- [boursier.com](https://www.boursier.com/actions/actualites/news/eurazeo-signe-un-accord-d-exclusivite-avec-le-fcde-en-vue-de-l-acquisition-d-utac-ceram-828865.html), 2020-07-30: "Eurazeo investirait environ 80 millions d'euros dans le groupe UTAC CERAM."

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