Audemat Names New Investors - Radio World

Audemat Names New Investors

Audemat announced that Paris-based CDC Enterprises and regional risk capital company IRDI/ICSO had joined existing investors Galia Gestion and Innovacom.
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Two new financial partners have given a further boost to the growth strategy of French company Audemat.

In late May, Audemat announced that Paris-based CDC Enterprises and regional risk capital company IRDI/ICSO had joined existing investors Galia Gestion and Innovacom, who entered into investment agreements with Audemat in 2006.

"Our external growth strategy, combined with strong investment in innovation and R&D has allowed us to exceed the objectives initially set at the beginning of 2006," said Bruno Rost, president of the board of directors for the Audemat group.

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