26 April 2023
Deals | France | M&A
On 24 April, Meridiam announced that Samsung Life Insurance has acquired a 20% stake in Meridiam.
The proceeds of this transaction will allow Meridiam to accelerate its next growth phase, with the focus on sustainable assets with a strong strategic, economic, social and environmental impact. This transaction confirms Meridiam’s strong development ambitions in its three businesses (sustainable mobility, innovative low-carbon solutions and essential public services) and in each of its sole three geographies (Europe, Americas and Africa).
The Gide team was led by partners Olivier Diaz and Charles de Reals, associates, Corentin Charlès and Manon Garoui, on M&A aspects; partner Stéphane Puel, counsel Nicolas Capelli and associates Rudolf Efremov and Camille Roux, on regulatory aspects; and partner Laurent Modave and associate Pauline Alvarez, on tax aspects.
Samsung was advised by Allen & Overy.