Gaussin: towards sale of shares in GAMA

(CercleFinance.com) - Gaussin announces that it has received a unilateral promise from Macnica to buy back all its shares and receivables in their joint venture GAMA, dedicated to autonomous, zero-emission mobility for the transport of people and goods.


This transaction would be effective at the end of April/beginning of May 2024, subject to finalization of organizational and operational procedures by both companies, and approval by all relevant authorities and bodies.

This proposed sale is directly in line with Gaussin's strategic refocusing on its most profitable activities. It will also enable the group to strengthen its cash flow while controlling its operating cost base and R&D expenses.

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