Ardian acquires a stake in the automotive parts sector in France


Ardian acquired a minority stake in Euro4x4parts, a French manufacturer and distributor of parts, equipment and accessories for all-terrain vehicles, for an undisclosed amount.

Euro4x4parts imports and distributes 70,000 types of parts and accessories for all 4 × 4 and SUVs, to customers in more than 150 countries. Created in 2000, Euro4x4parts employs around 80 people at eight sites.

As part of the transaction, Ardian will support the group’s acquisition of Japocat, a French company focused on the B2B market for parts for Asian SUVs and all-terrain vehicles.

“After more than ten years of close cooperation with Japocat, we are extremely pleased to have finalized the transaction – especially given the particularly difficult global environment,” said Georges Graciet, President of Euro4x4parts.

Ardian director Frédéric Quéru and chief investment officer Florian Dupont added in a joint statement: “By supporting the acquisition of Japocat, Ardian Growth supports the rise of Euro4x4parts as an online leader undisputed specialist in a sector which could undergo profound changes at the lowest. of the cycle. ”

Ardian has $ 96 billion in assets under management in five main strategies, including funds of funds, direct funds, infrastructure, real estate and private debt. It has more than 680 employees working in 15 offices in Europe, North America and Asia.

To contact the author of this story with comments or news, send an email to Elisângela Mendonça

This article was published by Private Equity News.


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