Groupe Gorgé Raises Considerable Funds for Its 3D Printing Subsidiary
01 June 2015 - 8:00PM
Business Wire
The Fimalac Group Invests in Prodways
Group
PRODWAYS GROUP, a subsidiary of GROUPE GORGÉ, announces that it
has raised €25 million, including €10 million from the FIMALAC
Group and a €15 million contribution from GROUPE GORGÉ.
The FIMALAC Group, founded and directed by Marc LADREIT de
LACHARRIÈRE, wanted to contribute to the development of PRODWAYS
GROUP. "We are pleased to support PRODWAYS GROUP in its aim to
represent a leading 3D printing player in Europe capable of
competing with key American players. In our view, PRODWAYS GROUP
and its teams - widely renowned for their expertise - represent a
company capable of fast becoming one of the main leaders in the
sector", said Marc LADREIT de LACHARRIÈRE.
This fundraising transaction will speed up the implementation of
the strategy to become the third-largest player in the world to
offer a range of multi-technological services and all 3D printing
services to its customers.
As a leading investor able to support long-term industrial
projects, the FIMALAC Group will represent a major partner of
PRODWAYS GROUP, alongside GROUPE GORGÉ.
At the end of this transaction, the FIMALAC Group could hold a
4.45% stake in the capital of PRODWAYS GROUP.
The terms of the transaction will be specified during the Groupe
Gorgé Shareholders' Meeting to be held on June 17, 2015. The full
text containing all resolutions was published in the BALO (France's
legal gazette) of April 27 and June 1, 2015.
About Groupe Gorgé:
Established in 1990, Group Gorgé is an industrial group
operating in different areas of expertise: Smart Safety Systems,
Protection in Nuclear Environments, Industrial Projects &
Services and 3D Printing
In 2014, the Group reported revenue of €223.3 million. It is
backed by 1,370 employees and operations in over ten countries.
Groupe Gorgé is listed on NYSE Euronext Paris (ISIN: FR0000062671;
Ticker code: GOE) and on the US OTC market (ISIN: US3994511034; OTC
Pink: GGRGY / GGRGF) in the form of ADR.
More information available on www.groupe-gorge.com
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150601005650/en/
Groupe GorgéNathalie Lagos, Tel : +33 1 44 77 94
77Communications Managercontact@groupe-gorge.com
Credit Suisse (AMEX:GOE)
Historical Stock Chart
From Oct 2024 to Nov 2024
Credit Suisse (AMEX:GOE)
Historical Stock Chart
From Nov 2023 to Nov 2024