GECI International puts an end to the dispute concerning the takeover of the Eolen Group

GECI International has entered into a transactional memorandum of understanding putting an end to a dispute concerning the takeover of the Eolen Group in 2015. This dispute, which arose after the acquisition of the group and its subsidiaries, was resolved following the conviction of the transferor by the Paris Court of Appeal on February 13, 2024.

Both parties signed the agreement on July 31, 2024, eliminating a major risk for GECI International. Financial details will be revealed in the next half-yearly report. This resolution allows the company to focus on its development areas: Digital and Technology.