Groupe Gorgé : Excellent news: strategic refocusing around ECA/IXblue takes a new turn with the disposal of the ISP segment to … the Gorgé family
>Plan to sell ISP business to Gorgé family - In September we wrote that a swift disposal of the historical subsidiaries of Groupe Gorgé was highly desirable, as the latter are damaging the readability as well as the growth and margin profile of the new ECA/IXblue entity. The situation is gaining momentum at last, and it is excellent news in our view. The family-owned group has just announced plans to sell the engineering and protection systems business (ISP) to the G...Groupe Gorge is a holding company engaged in three areas of operation: Smart Safety Systems (develops Smart Safety Systems designed to operate in hostile and constrained environments for civil and defense sectors); Protection in Nuclear Environments (protection solutions in nuclear environments: shielding by partition systems in nuclear power stations & protection against radiation for staff working in nuclear environments); and Industrial Project Services (industrial projects and maintenance, creating production tools and turnkey operation areas, projects and services in industrial robotics, iron works, automation, 3D printer offerings, electricity and fire fighting systems).
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.
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