Company Sale
Cotep
Date: July 2021
Operation: Sold to CIBEST GROUP
Turnover: €6m
Sector(s): IT - TMT
Activity: Dynamic Signage Solutions designer and manufacturer
Created in 1975, COTEP, the French leader in passenger information displays in real time, develops and produces internally its hardware and software offering for railway stations and airports, as well as businesses, industry and the education sector. COTEP has been acquired by CIBEST, specialist in onboard systems in public transport, which has gained a foothold in this complementary sector and is continuing to develop in France. Together they generate over €20m in revenue, creating commercial and industrial synergies.
M&A Sell-side: LINKERS (Didier BUSQUET, Partner).