# Metalogalva acquires 49% stake in French steel company Petitjean

Metalogalva, part of Vigent Group, acquired 49% of French steel engineering company Petitjean from Saudi group Al-Babtain, with an option to buy the remaining 51%. The deal value was not disclosed.

- Type: Acquisition
- Announced: 2020-10-15
- Where: Troyes, France
- Status: completed
- Products: lighting poles, tubular structures for transportation, energy distribution structures, telecommunications towers
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Metalogalva](https://endata.com/companies/50566.md) (acquirer)
- [Petitjean](https://endata.com/companies/50567.md) (target)
- [Al-Babtain](https://endata.com/companies/50568.md) (partner)
- [Vigent Group](https://endata.com/companies/50569.md) (partner)

## Sources

- [metalogalva.pt](https://metalogalva.pt/en/metalogalva-da-trofa-compra-francesa-petitjean-a-grupo-saudita-jornal-de-negocios-2/), 2020-10-16: "We’re very pleased with this acquisition, which will increase Metalogalva’s market share in France to a consolidated value of 43 million euros."
- [metalogalva.pt](https://metalogalva.pt/en/metalogalva-went-shopping-in-france/), 2020-10-16: "We are very pleased with this acquisition, which will increase Metalogalva’s market share in France to a consolidated figure of 43 million euros."

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