◂ Announcements

Jul 31, 2024ACQUISITIONSaint-Vallier, France, France

Corail-SM acquires Metalliance

Corail-SM, a joint venture led by Coral Reef Capital, has acquired Metalliance after the Dijon Commercial Court accepted its takeover offer, investing €10 million to restart production and preserve 145 jobs.

Value

$10.9M (10.0M EUR)

Jobs

145

Status

Completed

Productslogistics vehiclesterminal tractorsairport tow tractors

CompaniesCorail-SM Metalliance target Coral Reef Capital investor

Sectors#Material Handling

“It is possible to preserve 145 jobs and save an industrial activity with a strong economic impact at the local level in the Saône-et-Loire industrial basin.”worldcargonews.com

1 source
worldcargonews.comCorail-SM takes Metalliance ‣ WorldCargo NewsPaul AveryAug 5, 2024

Summarized from public sources; check the original articles before acting on it.

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