Home > Analyse
Actualite financiere : Actualite bourse

Renault : Suez acquires a stake in 'The Future Is NEUTRAL

(CercleFinance.com) - Renault Group and Suez announce that they have strengthened their collaboration by signing strategic agreements to support the ecological transition of the automotive sector.


The companies intend to position 'The Future Is NEUTRAL' as a key player in the automotive circular economy.

In concrete terms, Suez is taking a 20% stake in the capital of 'The Future Is NEUTRAL', alongside Renault Group, now an 80% co-shareholder.

As a result of this transaction, 'The Future Is NEUTRAL' will benefit from a contribution of E140m from both its shareholders, with a view to accelerating and developing its activities.

The material and human contributions of its two shareholders will help support its ambitious growth plan, aimed at achieving E2.3bn in cumulative sales from its activities, and a double-digit profit.


Copyright (c) 2024 CercleFinance.com. All rights reserved.