Gaussin: share up after Navya takeover

(CercleFinance.com) - Shares of building machinery group Gaussin rose on Wednesday after the presentation of its plan to take over Navya, a specialist in autonomous shuttles recently placed in receivership.


At lunchime, the Gaussin share was up over 5% while the SBF 120 index was not quite afloat (-0.2%) at the same time.

In partnership with the Japanese Macnica, the French group of clean and smart goods transport plans to create a joint company dedicated to autonomous and zero emission mobility for the transport of people and goods.

This joint venture, 51% owned by Gaussin and 49% by Macnica, will take over Navya's assets.


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