Acquisition of Provençale de Peinture and Sud Est Bat.

Client nameRenovio Investment France
"The BDO Transaction Services team is delighted to have supported Renovio Investment France, a consortium aiming to become the leader in the renovation and decarbonization of French real estate, in its acquisition of a majority stake in Provençale de Peinture and Sud Est Bat.

The Provençale de Peinture group, based in Miramas (Bouches-du-Rhône), is a recognized player in finishing works: partitions, suspended ceilings, wall and floor coverings, as well as painting, serving major public clients around Miramas.

This transaction allows Renovio Investment France to expand its range of services while strengthening its geographical position in Provence-Alpes-Côte d'Azur.

BDO performed the financial due diligence.