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Renault: takes majority stake in Exadis, alongside Mobivia

(CercleFinance.com) - Renault and Mobivia are joining forces to jointly acquire the majority of Exadis' capital.

This is a spare parts company which is part of the Laurent Group.

The project provides that Exadis will independently pursue and develop its business as a distributor-stockist of multi-brand automotive parts.

Mobivia is the European leader in vehicle maintenance and equipment, with over 2,070 workshops and car showrooms in its networks (Norauto, A.T.U, Midas and Carter-Cash, etc.).

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