Moliflor Loisirs

Business

Moliflor Loisirs was originally the result of two simultaneous transactions in June 1999: the take private of Moliflor from the French Second Marché and the acquisition of the casino of Uriage near Grenoble in a deal valued at €77 million for a total of eight casinos.

Following a successful buy and build strategyMoliflor Loisirs became the third largest casino group in France, operating 16 casinos. Seven casino acquisitions were made during our ownership and an eighth casino created on a new site.

1999 Acquisition of 8 casinos (Moliflor & Uriage)

2000 Acquisition of La Siesta (Antibes casino)

2000 Acquisition of the Luxeuil casino

2000 Acquisition of the Montrond casino

2000 Acquisition of the Gérardmer casino

2001 Acquisition of St Pair and St Aubin casinos

2001 Acquisition of the Santenay casino

Divestment

In March 2002, we completed the €400 million divestment of Moliflor Loisirs to an investor group led by Legal & General Ventures.

Silverfleet contact: Jean-Lou Rihon