Derichebourg: signature of the memorandum of understanding with Elior


(CercleFinance.com) – As part of the planned contribution of Derichebourg Multiservices to Elior Group, Derichebourg announces the signing of the memorandum of understanding and the contribution agreement with Elior Group.

This signature was unanimously approved by the boards of directors of Elior Group and Derichebourg.

BDL Capital Management, Permian Investment Partners, FSP and EMESA, representing approximately 24.4% of Elior Group’s capital and voting rights, support this new stage in the Elior Group’s strategy and will vote in favor of the transaction contribution to Elior of the Multiservices activities of Derichebourg.

Assuming the transaction is approved, Derichebourg will hold approximately 48.4% of Elior Group following the contribution. Derichebourg will continue to consolidate its stake in Elior Group using the equity method.

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