Ardian to acquire majority stakes in GreenYellow
Ardian has signed an agreement with Groupe Casino, Bpifrance and Tikehau Capital to acquire a majority stake in GreenYellow.
GreenYellow is a French pioneer founded within the Casino Group in 2007, with the aim of accelerating the low-carbon trajectory of large companies around the world. The company offers a complete range of services to help companies make the transition to greener and more efficient energy solutions.
The transaction is valued at EUR1.4 billion (US$1.42 billion). As part of the deal, the Casino Group, GreenYellow's incubator and primary shareholder since 2007, will retain a minority stake and continue to be a key business partner. Similarly, Bpifrance and Tikehau, who became shareholders in 2018 will reinvest part of their proceeds in the company.
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