Sagard Gives Kiloutou to PAI

Sagard Gives Kiloutou to PAI

Sagard Private Equity signed today an agreement with PAI Partners to sell it control of Kiloutou, on the basis of an enterprise value of € 535m. The final assignment remains subject to the agreement of the competition authorities. Sagard, like the historical shareholders, Mr. F. Mulliez and the company's employees, will reinvest with the PAI.