Report
Florent Laroche-Joubert

Argan SA : Excellent acquisition to fuel growth

>Acquisition of a premium platform of 153,000 m² from Renault in a sale and lease-back deal - Argan has just announced the signature of an agreement with Renault Group to acquire, on a sale and lease back basis, a 153,000 m² logistics platform located in Foucheres (89) 110km from Paris, in October 2022:Location on the Paris-Lyon artery: this platform is located on an ideal barycentre to serve France, at the crossroads of the A19, A6 and A5 motorways.Lease of...
Underlying
Argan SA

Argan SA designs, builds, develops, owns, leases, and manages logistical bases and warehouses in France. Co. is also involved in land development and management, delivering turnkey projects to its customers. Co divides its activities among two categories of clients: Shipper and Logisticians. It serves shippers, manufacturers or distributors. In addition, Co. serves logisticians, operating the logistics of shippers, including Alloga, Arvato, Daher, Dartess , FM Logistic, Geodis, Kuehne & Nagel, Movianto, Neovia logistics, and XPO Logistic. Co.'s portfolio amounts to more than 1,600,000 mA2, made up of 50 logistics platforms and 9 couriers, making a total of 59 buildings.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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