Atout-Box Expands Under Ardian's Leadership in French Self-Storage Market
Deal News | Dec 10, 2024 | Ardian
Ardian, a leading global private investment house, has announced the acquisition of Atout-Box, a prominent self-storage company in the Occitanie region of France. Founded in 2010, Atout-Box has expanded to encompass seven storage centers and offers additional services like coworking spaces and van hire. This acquisition is part of Ardian’s broader strategy to enhance its self-storage platform, initially launched with the acquisition of Costockage. The platform now covers 19 centers across multiple French regions. The move is aimed at addressing the rising demand for storage solutions by individuals and businesses. Ardian plans to leverage its experience in asset management to facilitate Atout-Box’s nationwide growth, reinforcing its role as a key player in the French self-storage market.
Sectors
- Real Estate
- Self-Storage
- Asset Management
Geography
- France – The acquisition of Atout-Box by Ardian focuses on expanding its self-storage platform within France.
- Occitanie Region – Atout-Box, the acquired company, is a leading self-storage provider in this specific region of France.
Industry
- Real Estate – The acquisition pertains to expanding a property platform with a focus on self-storage sites.
- Self-Storage – The article is centered around the acquisition of a leading self-storage company and the strategy of enhancing a self-storage platform.
- Asset Management – Ardian, an investment house with asset management expertise, is enhancing its portfolio with this acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ardian | Bidding Company | Company | A global private investment house focusing on various asset management strategies. |
| Atout-Box | Target company | Company | A leading self-storage company in the Occitanie region of France, founded in 2010. |
| Omar Fjer | Managing Director Real Estate | Person | Managing Director at Ardian overseeing real estate investments. |
| Jean-Baptiste Bertrand | President | Person | President of Atout-Box, responsible for its strategic direction. |