Flash news

hw&h advises Maïsadour in the sale of its Gardening and Motoculture activities to Invivo Retail

- Flash news

InVivo Retail, a subsidiary of the Union of cooperatives InVivo, has finalized the acquisition of the company Espaces verts, which operates 29 Gramm Vert garden centers and was formerly owned by Maïsadour, a cooperative group in the food industry.

InVivo Retail, which is InVivo’s distribution hub, is active in three business sectors: gardening, food retail and pet stores. With its three complementary brands Jardiland, Gamm Vert and Delbard, InVivo Retail aims at becoming the leader on the European gardening market. Today, InVivo Retail operates more than 100 branches, which represent about 15 % of the Gamm Vert network, in an area extending from Pornic to Nevers and from the West of the Paris region to Poitiers.

This acquisition of a network of high-performance retail stores is a boost for the development of InVivo Retail’s initiatives.

InVivo Retail was advised by Fidal : Olivier Josset, Fabien Gonzalez (M&A) and Mikaël Maheust (Tax)

Maïsadour was advised by hw&h : Fabrice Bauman and Arielle Legret

Law Firms: Fidal; hw&h

Clients: InVivo Retail; Maïsadour SA