Hiolle Industries (ENXTPA:ALHIO) agreed to acquire Le Cablage Francais and 51% Stake in Ouest Cablage Aeronautique Et Marine on June 13, 2017. Hiolle Industries acquired Le Cablage Francais. As part of agreement, Hiolle Industries will acquire the remaining stake in Ouest Cablage Aeronautique Et Marine on December 31, 2019. Hiolle Industries will make a total investment of €4 million in 3 years for Le Cablage Francais and Ouest Cablage Aeronautique Et Marine. In 2016, Ouest Cablage Aeronautique Et Marine reported a turnover of €2.2 million and Le Cablage Francais reported a turnover of €5.8 million. Jean-Philippe Dayres and Gauthier Maire of SODICA acted as financial advisors to Hiolle Industries.