Compagnie des Alpes SA (ENXTPA:CDA) has made a binding offer to acquire 85% stake in Mer Montagne Vacances SA for an enterprise value of Ç172.6 million on June 29, 2022. The transaction will be financed with the available cash. The firm sale would be subject to the usual suspensive conditions, including the approval of antitrust authorities.

Lacourte Raquin Tatar acted as legal advisor and Mazars Group, Investment Banking Arm acted as financial advisor to Compagnie des Alpes SA. Numa Avocats acted as legal advisor to Mer Montagne Vacances SA.