France Sécurité S.A.S. signed a memorandum of agreement to acquire Prorisk and GM Equipement from VDI Group Société Anonyme (ENXTPA:ALVDI) on November 8, 2016. As of November 22, 2016, France Sécurité S.A.S. entered into an agreement to acquire Prorisk and GM Equipement from VDI Group. Prorisk and GM Equipement reported to have total revenue of €7.1 million in 2015. The deal is expected to close on January 31, 2017. Bredin Prat & Associes acted as legal advisor for France Sécurité S.A.S. FWF Finance acted as financial advisor and Le Cabinet Lionel Goret acted as legal advisor for VDI Group. David Allchurch and Stephen Malthouse of Tulchan Communications acted as the public relation advisors on behalf of the transaction.