Altarea SCA (ENXTPA:ALTA) acquired 85% stake in SEVERINI Pierres & Loisirs from Naxicap Partners, BNP Paribas Développement SA, SCR and the founding family on January 4, 2019. As part of the transaction, Altarea acquired 30% stake from Naxicap and BNP Paribas, and the remaining from the founding family. After a 3 year period, Altarea SCA will have an option to purchase the remaining 15% stake in SEVERINI Pierres & Loisirs, which currently remains in the hands of Jean-Louis Sévérini who will remain as the Chairman of SEVERINI Pierres & Loisirs for a period of three years. SEVERINI Pierres & Loisirs had revenue of €55 million for the year ended March 31, 2018. Nicolas Paillot de Montabert, Nicolas Barsalou and Justine Poulain of Accuracy SAS acted as financial advisor; Frédéric Peltier, Guillaume Fornier, Etienne Létang, Thibault Reymond and Anne-Sophie Dalet of Dethomas Peltier Juvigny & Associés; Lacourte Raquin Tatar; Virginie Devos, Charlène Dangoumau and Camille Lihrmann of August Debouzy; and Christophe Frionnet, Stéphanie Némarq-Attias and Philippe Tournès of CMS Francis Lefebvre Avocats acted as legal advisors to Altarea SCA. Inès Reinmann-Toper, Julien Beraud, Gonzague Pouradier-Duteil and Aurélien Bouvier of Edmond de Rothschild Corporate Finance acted as financial advisors; Stéphane Dahan, Manuel Manas and Thomas Charmeau of Exelmans Audit & Conseil provided finacial due diligence; and Xavier Gramond and Clara Nicolas of Gramond & Associés acted as legal advisors to the sellers. Altarea SCA (ENXTPA:ALTA) completed the acquisition of 85% stake in SEVERINI Pierres & Loisirs from Naxicap Partners, BNP Paribas Développement SA, SCR and the founding family on January 4, 2019.