Peugeot Invest: takes stake in Robertet
(CercleFinance.com) - Robertet confirms the entry into its capital of the Fonds Stratégique de Participations (FSP), managed by ISALT, and Peugeot Invest, each investing E125m via the acquisition of shares and investment certificates from dsm-firmenich.
The FSP and Peugeot Invest thus each take a 7.1% stake in the capital of the fragrances and flavors group, including a block of ordinary shares for 4.9% of the capital and investment certificates for 2.2%.
The Maubert family, Robertet's controlling shareholder, will also acquire investment certificates for E7.5m from dsm-firmenich, which sold most of its stake in a transaction that also increases the free float by almost 6% of the capital.
This move is designed to strengthen Robertet's governance, shareholder structure and independence over the long term. The FSP and Peugeot Invest will join the Board of Directors as independent members, with the support of Maubert SA.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The FSP and Peugeot Invest thus each take a 7.1% stake in the capital of the fragrances and flavors group, including a block of ordinary shares for 4.9% of the capital and investment certificates for 2.2%.
The Maubert family, Robertet's controlling shareholder, will also acquire investment certificates for E7.5m from dsm-firmenich, which sold most of its stake in a transaction that also increases the free float by almost 6% of the capital.
This move is designed to strengthen Robertet's governance, shareholder structure and independence over the long term. The FSP and Peugeot Invest will join the Board of Directors as independent members, with the support of Maubert SA.
Copyright (c) 2024 CercleFinance.com. All rights reserved.