Japan-based Amano Corporation has sold its subsidiary Scopus-Omnibadges to Argos Expansion as a lead investor, followed by X-Ange Private Equity, a private equity fund backed by La Poste group and an external manager. Total price of this transaction was US$9 million.
Scopus-Omnibadges, a subsidiary of Amano Corporation, is a service-oriented provider of global solutions. It is the leading French player of card personalization for small and medium-sized batches.
Amano Corporation is principally involved in the time information and environmental-related system businesses.
Oaklins' team in France advised the seller in this transaction, organizing a competitive bidding process involving both trade and financial buyers.
Thibaut de Monclin
© 2019 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.