Astorg to acquire 40% stake in ARMOR-IIMAK with €150 million investment plan

ARMOR-IIMAK and private equity firm Astorg signed an exclusive negotiation agreement for Astorg to acquire approximately 40% of ARMOR-IIMAK's capital. The partnership includes a €150 million four-year investment plan (2022-2026).

“This merger represents a new beginning for the shareholders and strengthens ARMOR-IIMAK's position in the field of traceability.”armor-iimak.jp

• 1 source
• armor-iimak.jpARMOR-IIMAK and ASTORG announce future partnership - ARMOR-IIMAKHubert de Boisredon Chairman, CEO, ARMOR Group, Executive Chairman, ARMOR-IIMAK.Jan 12, 2022

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