The Paris Private Equity team advised the sellers including Eurazeo, the management and the minority stakeholders of the Orolia group on the signing of an exclusivity agreement with Safran regarding the sale of their majority stake in Orolia.
Orolia is the world leader in Resilient Positioning, Navigation and Timing (PNT) solutions that improve the reliability, performance and safety of critical, remote and high-risk operations, even in GPS/GNSS denied environments.
Eurazeo is a leading global investment group, with a diversified portfolio of €27 billion in assets under management, including €19.2 billion from third parties, invested in 450 companies.
The disposal would remain subject to approvals from various relevant regulatory authorities.
The Goodwin team was led by Maxence Bloch and included William Robert and Messan Dogbevi on the corporate aspects.