The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), and InfraVia, a private equity company in Europe, have entered into exclusive negotiations for InfraVia to acquire a majority stake in LDA, a group specializing in industrial marine services.
As part of the transaction, InfraVia (through its fund InfraVia European Fund VI) would acquire an 80% stake in LDA to support the group’s development, according to Louis Dreyfus Armateurs statement.
The Louis-Dreyfus family would retain a 20% ownership in the group, and Edouard Louis-Dreyfus would remain president.
Louis Dreyfus Armateurs claims that this transaction would allow LDA to invest a billion euros over the next few years, enabling the group to more than double the size of its fleet and accelerate its development in technological innovation, energy transition and the design of tomorrow’s navigation modes and maritime services.
The transaction will be subject to prior consultation with employee representative bodies. The deal is expected to be completed in the first half of 2025, once the usual regulatory approvals have been obtained.
For over 170 years, LDA has been supporting players in the maritime world with innovative industrial solutions tailored to their needs.
LDA currently specializes in three growing segments, transportation and logistics of industrial equipment, mainly through dedicated Ro-Ro vessels, maintenance of offshore wind farms, and installation and maintenance of submarine telecom and power cables.
Furthermore, LDA manages a fleet of 23 vessels and generates most of its revenue through long-term contracts with blue-chip customers.
Edouard Louis-Dreyfus, president of Louis Dreyfus Armateurs, commented: “We are delighted by InfraVia’s investment in LDA because we share the same vision, the same values and, of course, the same ambitions for our group.
“Today, more than ever, we believe in high-performing service marine, both environmentally and economically. In our sectors, we are convinced that great opportunities lie ahead and are within our reach. It is this conviction that drives us to accelerate our ambitions, to propel Louis Dreyfus Armateurs into a new dynamic of growth and innovation.”
