Eurazeo enters into an exclusivity agreement with FCDE for the acquisition of UTAC CERAM
(WorldNews China)

EURAZEO ENTERS INTO AN EXCLUSIVITY AGREEMENT WITH FCDE FOR THE ACQUISITION OF UTAC CERAM Paris, 30 July 2020 - With UTAC CERAM and FCDE, Eurazeo, the latter via its subsidiary Eurazeo PME, today announced the signing of an exclusivity agreement under which Eurazeo is set to invest about €80 million in UTAC CERAM. Eurazeo PME would thereby hold a majority stake in the group, alongside its current investors (FCDE, CCFA, and UTAC CERAM`s senior executives and key managers). The shared ambition of Eurazeo PME, FCDE and the management team led by CEO Laurent Benoit is to step up UTAC CERAM`s growth in Europe and worldwide, while helping the group expand into new business areas and geographies....