SEGRO’s chief financial officer has taken a board seat with the French warehouse company it just acquired.
Soumen Das joins the board of Sofibus Patrimoine today as SEGRO completes its purchase of a controlling stake in the business and launches an offer for outstanding shares.
SEGRO announced its move to buy Sofibus Patrimoine earlier this week in a deal that values the Paris-based company at €238.5m (£217.5m).
Chief executive David Sleath said the transaction gave SEGRO “a rare opportunity to significantly increase our exposure to urban warehousing in Paris”.
Das is a former investment banker who joined SEGRO in 2017. Earlier this year he was tasked with leading a new unit focused on strategy, investment and innovation, with Sleath describing him as “a disruptive thinker”.
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