(AOF) – The investment company Wendel has released a revalued net asset (ANR) down slightly for the second quarter, standing at the end of June at 7.246 billion euros, or 163.2 euros per share. The group’s consolidated turnover increased by 6.5% to 3.45 billion euros. Wendel also announced that it had completed the acquisition of the French digital transformation consulting group Scalian from the Belgian holding company Cobepa. Investment amount: 557 million euros in equity for an enterprise value of approximately 965 million euros.
Wendel owns 82% of Scalian’s capital, alongside the company’s management.
At the end of June, the group had 2.6 billion euros in local liquidity, including 1.7 billion euros in available cash.
Alongside its quarterly results, Wendel said on Monday that it had signed an agreement to sell Constantia Flexibles, one of the world leaders in the flexible packaging market for consumer goods and pharmaceuticals, to a subsidiary of One Rock Capital Partners. .
It would be sold for a value that would generate for Wendel net proceeds from the sale of just under 1.1 billion euros, and which would represent approximately 1.94 times the group’s total investment in Constantia Flexibles since 2015.
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