FRANCE - Acto acquires warehouse storage company
Acto has backed the LBO of Locabri, for an undisclosed sum.
Locabri is a Lyon-based company which manufactures and rents PVC-coated aluminium structures as warehouse space. The company's turnover has grown by an average of 10% per year. Stéphane Moreau, Acto's managing Director has said that the equity house planned to invest EUR 20m into the company's organic growth over the next five year.
Acto has closed two other deals since January 2006.
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