M&A Deal Summary

Florac Acquires SANI

On December 1, 2015, family office Florac acquired leisure company SANI

Acquisition Highlights
  • This is Florac’s 1st transaction in the Leisure sector.
  • This is Florac’s 1st transaction in Greece.

M&A Deal Summary
Date 2015-12-01
Target SANI
Sector Leisure
Buyer(s) Florac
Deal Type Buyout (LBO, MBO, MBI)

Target

SANI

Halkidiki, Greece
website
SANI is a family-owned ecological reserve stretching across 1,000 acres, with endless golden beaches enchantingly framed by the crystal clear waters of the Aegean and the magnificent pine forests of the Kassandra peninsula. SANI was founded in 1968 and is based in Halkidiki, Greece.

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Buyer(S) 1

Buyer

Florac

Investor Investor Investor Investor Investor

website

Category Family Office
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Florac is a family office focused on a variety of investments and acquisitions across the US and Western Europe (France, Belgium, Italy and Switzerland). Florac looks to commit €20 to €100 million per transaction to support a variety of transaction situations, including growth capital financings, recapitalizations, and buyouts. Florac does not have sector preferences and generally pursues indefinite investment time horizons. Florac was established in 2009 and is headquartered in Paris, France.

DEAL STATS #
Overall 5 of 23
Sector (Leisure) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 3 of 4
Country (Greece) 1 of 1
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 St Mamet

Nimes, France

St Mamet is focused on processing and distributing fruits. St Mamet was founded in 1953 and is based in Nimes, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 Pitch Promotion SA

Paris, France

Pitch Promotion SA is a real estate company. Pitch Promotion also offers property management and administration services. Pitch Promotion SA was founded in 1999 and is based in Paris, France.

Sell -
Mergr

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