Atream and CARAC Join GL events and Polygone as Shareholders

GL EVENTS has announced that investment fund Atream and its main shareholder, CARAC, have become new stakeholders in both GL events and Polygone. This follows their acquisition of 56,000 Polygone shares from Le Grand Rey and 449,742 GL events shares off-market from Polygone, representing 5.3% and 1.5% of the respective capitals.

The Confluence investment vehicle, managed by Atream, will now hold a seat on the boards of Polygone and GL events. Olivier Ginon will maintain control over GL events, with no concerted action with Atream. Key provisions of the Atream and Le Grand Rey shareholder agreement will comply with regulations.

Both companies express enthusiasm for Atream and CARAC's involvement, highlighting their long-term strategic investment as beneficial for sustainable growth. This aligns with Atream's expansion into the MICE sector of the tourism industry.