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February 17th, 2021

Natixis Partners advised the Shareholders of Ligier group on the capital reorganization of the group and the acquisition of a controlling stake by Edify

Natixis Partners advised the shareholders of Ligier Group on its third LBO, involving the exit of a consortium led by Siparex, and the acquisition of a controlling stake by the industrial holding company Edify, a minority shareholder since 2016, alongside the Management. With revenues of €156 million in 2019, the French specialist and European co-leader of light quadricycles - also present in the BtoB utility vehicles market for the past 5 years - has been able to maintain its business and profitability in the uncertain context of the Covid-19 crisis and has been able to fully benefit from a very dynamic rebound driven by young urban customers looking for alternatives to public transport. With its complementary two brands, Ligier and Microcar, and its 550 points of sales spread over 11 European countries, Ligier Group’s strategy going forward is to strengthen its positioning outside of France. Concerning the BtoB activity, the main challenge remains the gain of new clients among the last mile and short distance parcel delivery players. Lastly, Ligier Group plans to take full advantage of current trends by democratizing alternative mobility with the creation of a new range of light electric quadricycles by 2022.