Samsung Life Insurance has acquired a 20 percent share in Meridiam. Financial terms were not disclosed.
Meridiam said the proceeds of the capital increase will allow Meridiam to accelerate its next growth phase, with the focus on sustainable assets with a strong strategic, economic, social and environmental impact. Meridiam said the capital injection also confirms its strong development ambitions in its three businesses (sustainable mobility, innovative low-carbon solutions and essential public services) and in each of its three geographies (Europe, the Americas and Africa).
“This capital increase opens a new path to ambitious and responsible growth,” said Thierry Déau, CEO and founder of Meridiam. “We have strong ambitions and the necessary means to implement our roadmap. This transaction demonstrates Meridiam’s attractiveness to prestigious investors.”
The strategic partnership also will allow Samsung to support its ambition in the investment in the