RATP Group, SNCF Group, Latour Capital and Fimalac today announced that Latour Capital and Fimalac have completed their acquisition of a 58% stake in SYSTRA, one of the world’s top engineering and consultancy groups in public transport and mobility solutions.
Legacy shareholders SNCF Group and RATP Group each retain a 20% interest, with the remaining 2% held by SYSTRA employees. SYSTRA CEO Pierre Verzat is taking advantage of this opportunity to step down and will be succeeded by Jean-Charles Vollery.
In the fast-growing public transport market, this transaction is aimed at supporting the growth and international development strategy of SYSTRA, which operates in 80 countries.
SYSTRA employs over 11,000 people around the globe, and is one of the world’s top engineering and consulting groups specializing in public transport and mobility solutions. The arrival of new shareholders Latour Capital and Fimalac will help strengthen its position as a global champion in sustainable mobility.
After 13 years at the helm, Pierre Verzat has taken this opportunity to step down as CEO and head of SYSTRA’s Management Board. His successor is Jean-Charles Vollery, who will be pursuing and accelerating SYSTRA’s development.
Pierre Verzat, CEO & Head of the Systra Management Board said
“We are delighted to welcome Latour Capital and Fimalac as shareholders alongside our legacy investors SNCF and RATP.”
“Opening up our capital is a major step in expanding our business, as we move to grow our market share in high-potential regions. I am happy to have been able to contribute to this major transformation. But it’s also an opportunity for me to step back, and I am delighted to be handing the reins over to Jean-Charles Vollery, who has put his passion and talent to work for us for over 28 years.”
Jean-François Beaudoin, Senior Partner at Latour Capital and the new Chairman of SYSTRA’s Supervisory Board, added: “SYSTRA operates in an extremely buoyant market, boasts unique and sought-after expertise, and we have every confidence in its growth potential. We are proud to lend our support as it works to achieve its goals around the globe. We would like to thank Pierre Verzat for his outstanding contribution to SYSTRA’s growth and are fully confident in Jean-Charles Vollery’s ability to pursue the company’s successful journey.”
Marc de Lacharrière, Chairman and CEO of Fimalac, said: “As part of our strategy of supporting forward-thinking industry leaders with strong international growth prospects, Fimalac is delighted to team up with Latour Capital, SNCF and RATP to write this new page in the history of SYSTRA, the French champion in engineering for sustainable mobility solutions.”
Photo Credit: iStock
