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The Mérieux and Agnelli families join forces to accelerate healthcare

2022-07-01T16:27:31.251Z

EXCLUSIVE – Exor, a holding company controlled by the heirs of the Fiat founder, takes 10% of Institut Mérieux for 833 million.



Less than two years after its merger with the Peugeot family on the occasion of the merger between Fiat Chrysler and PSA, the Agnellis signed a new partnership with another French industrial dynasty, the Mérieux family.

Exor, the holding company controlled by the heirs of the Fiat founder, will take 10% of Institut Mérieux for 833 million euros during a reserved capital increase.

The families from Turin and Lyon, represented on the one hand by John Elkann, grandson of Gianni Agnelli and CEO of Exor, on the other hand by Alain and Alexandre Mérieux, sealed this agreement on Friday in Lyon, at the headquarters of the Institute. Merieux.

Enough to write a new chapter in the history of this French pharmacy empire which achieved 4 billion euros in turnover last year (93% outside France) through five companies.

The Lyon group wants to continue to develop each of its businesses: medical diagnostics (BioMérieux), analysis services (Mérieux…

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Source: lefigaro

All business articles on 2022-07-01

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