Insight
Winston advises Ardian on its acquisition of a majority stake in Alstef Group
Insight
Winston advises Ardian on its acquisition of a majority stake in Alstef Group
June 13, 2024
Winston has advised Ardian, a leading global private investment firm, in connection with its exclusive negotiations to acquire a majority stake in Alstef Group, a provider of automated and robotic solutions for the airport, logistics, and parcel sorting markets, alongside the Group's management team and employee shareholders. As part of this transaction, the founders (Pierre Marol and Jean-Luc Thomé) and Future French Champions, the joint venture between Qatar Investment Authority (QIA) and Bpifrance, will also reinvest alongside Ardian.
Founded in 1961 and based near Orléans in France, Alstef Group is an established player in the design, integration, and supply of equipment and proprietary software for intelligent handling solutions. It is one of the world leaders in baggage and has a blue-chip customer base in the intralogistics and parcel sorting markets.
Ardian's Expansion team support will enable the company to accelerate its international development and growth ambitions.