(CercleFinance.com) – Gaussin announces that it has received a unilateral promise from Macnica to repurchase all of its securities and debts in their joint venture GAMA, dedicated to autonomous and zero-emission mobility for the transport of people and merchandise.
This transaction would be effective at the end of April/beginning of May 2024, subject to the finalization of the organizational and operational procedures by the two companies, and its validation by all the competent authorities and bodies.
This proposed sale is directly in line with Gaussin’s strategic refocusing around its most profitable activities. It will also allow the group to strengthen its cash flow while controlling its operational cost base and R&D costs.