Compagnie des Alpes SA (ENXTPA:CDA) has made a binding offer to acquire 85% stake in Mer Montagne Vacances SA for an enterprise value of ?172.6 million on June 29, 2022. Compagnie des Alpes SA (ENXTPA:CDA) entered into an agreement to acquire 85% stake in Mer Montagne Vacances SA on July 28, 2022. The transaction will be financed with the available cash. The firm sale would be subject to the usual suspensive conditions, including the approval of antitrust authorities. Lacourte Raquin Tatar acted as legal advisor and Mazars Group, Investment Banking Arm acted as financial advisor to Compagnie des Alpes SA. Numa Avocats acted as legal advisor to Mer Montagne Vacances SA.

Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 85% stake in Mer Montagne Vacances SA on October 3, 2022.