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Ergon Capital looking into selling Groupe Looping

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Ergon Capital looking into selling Groupe Looping

Belgium's Ergon Capital Partners is considering selling amusement park operator Groupe Looping to its management team and Mubadala Capital.

Under the terms of the deal, Mubadala would acquire "a significant stake" in Groupe Looping and will jointly control the park operator alongside the group's founding CEO Laurent Bruloy and general manager Stéphane Da Cunha.

The transaction is subject to antitrust approval in Germany. The relevant employee representatives in Groupe Looping will be informed and consulted regarding the transaction.