PARIS - Antin Infrastructure Partners (PARIS:ANTIN) has entered exclusive negotiations to acquire Belambra, a leading French holiday club operator, from family-owned diversified group CARAVELLE, according to a press release statement. Antin, currently trading at €11.86 and considered undervalued according to InvestingPro analysis, maintains a strong financial health score of 3.05 (rated "GREAT") and offers shareholders a substantial 7.16% dividend yield.
The transaction, which would become the ninth investment by Antin's €2.2 billion Mid Cap Fund I, is expected to close in June 2026, subject to regulatory approvals and consultation with Belambra's works council.
Belambra operates 44 holiday destinations across France, providing all-inclusive services including accommodation, food, and activities. The company reported revenue of €254 million in 2025 and has undergone significant transformation under CEO Alexis Gardy's leadership to upgrade its portfolio and services.
Angelika Schöchlin and Mehdi Azizi, Managing Partner and Senior Partner at Antin, stated that Belambra fits their investment criteria with "unique site locations, stable growth over the long term, and significant value creation potential."
Antin's investment aims to accelerate Belambra's growth by increasing asset ownership and pursuing new site openings. The infrastructure firm highlighted Belambra's appealing features, including a high-quality portfolio in prime locations that would be difficult to replicate.
Charles Vilgrain, Managing Partner of CARAVELLE, which has owned Belambra since 2014, noted that the company has "substantially improved its operational and commercial performance" through significant investments and upmarket repositioning during their ownership.
Belambra CEO Alexis Gardy said the acquisition would provide "the means to further accelerate our development, while remaining true to our DNA and our mission."
Antin Infrastructure Partners manages over €33 billion in assets across various investment strategies, targeting the energy, environment, digital, transport, and social infrastructure sectors. With a market cap of €2.16 billion, Antin demonstrates solid fundamentals with a current ratio of 7.4 and an Altman Z-Score of 13.47, indicating strong financial stability. While analysts expect a drop in net income this year, the company remains profitable with a return on equity of 25%. InvestingPro offers additional insights with 6 more ProTips about Antin's investment potential and detailed financial metrics to help investors make informed decisions.
In other recent news, Antin Infrastructure Partners has made significant strides in expanding its portfolio through a series of acquisitions. The firm has agreed to acquire Vigor Marine Group from an affiliate of Lone Star Funds. Vigor Marine Group operates shipyard and fabrication facilities across several U.S. locations, including Seattle and Portland, offering services to the naval, defense, and commercial maritime sectors. Additionally, Antin plans to acquire Emsere, a medical equipment rental specialist, from the Dutch family office Gryphion. This acquisition, expected to close in the first quarter of 2026, will be executed through Antin's €2.2 billion Mid Cap Fund I.
Furthermore, Antin is set to acquire NorthC Datacenters, a colocation data center platform, from DWS and other minority shareholders. This transaction will provide Antin control over NorthC's 25 data centers across the Netherlands, Germany, and Switzerland. These recent developments highlight Antin's strategic moves to diversify its investments across various sectors, including maritime, medical equipment, and data centers.