Miura Private Equity has reached a preliminary agreement to acquire Chereau, specialist in custom-built refrigerated semi-trailers and prominent French market leader. The transaction is expected to close in the coming weeks, after taking into account the applicable competition legislation.

Miura, which acquired Spanish leader SOR in November 2015, will integrate both companies into a large European group that will be called The Reefer Group which will become the European market leader, with sales expected to exceed 220 million Euros in 2015.