on UMALIS GROUP (EPA:MLUMG)
Fundraising of 10 million euros: Umalis Group aims for leadership in salary portage
Umalis Group, a player in the umbrella company sector, is launching a €10 million fundraising round, selling 40% of its capital. The aim is to strengthen its position in a rapidly growing market. Since 2008, Umalis has generated more than €120 million in revenue and holds a 1% market share.
The umbrella company sector, valued at €2 billion in 2023, could reach €10 billion within 10 years. Umalis plans to acquire companies to add €40 million to its turnover, reaching €62 million. The company also plans to bring its entities under a single structure for greater efficiency.
Umalis will transfer its listing to Euronext Growth to increase its visibility. The group hopes to double its turnover and reach a market capitalization of €40 million through synergies. Christian Person, CEO, leads an experienced team to carry out these operations.
R. P.
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