Partnership Cegid Group – Groupama S.A.

25 October 2007


Cegid and Groupama S.A. have signed a letter of intent to conclude an industry partnership agreement.

The project is articulated around the joint development and distribution of innovative, collaborative tools to advisory firms, in particular CPAs, and to other businesses so as to meet corporate needs and expectations in the fields of property, health and life insurance.

To consolidate this industry partnership over the long term, the planned agreement also calls for Groupama S.A. to take a significant minority stake in the capital of Cegid Group and for Cegid and Groupama to sign reciprocal non-competition agreements.