GAUSSIN sells its majority stake in GAMA to MACNICA

GAUSSIN, a major player in innovative transport solutions, announces the sale of its majority stake in GAMA to MACNICA. This transaction concerns all of GAUSSIN's securities and claims in GAMA.

GAMA, resulting from the takeover of Navya assets in April 2023, focuses on autonomous and zero-emission mobility. GAUSSIN initially held 51% of this joint venture, MACNICA 49%. The sale agreement, authorized on June 14 by the Vesoul Commercial Court, responds to GAUSSIN's safeguard procedure.

In 2023, MACNICA financed 85% of GAMA's activities due to GAUSSIN's difficulties and is now responsible for this financing alone. GAUSSIN is refocusing on its profitable activities in the short term, notably off-road electric vehicles.

GAUSSIN and GAMA will continue to collaborate on autonomous driving. GAUSSIN could integrate GAMA software into its vehicles. The sale helps GAUSSIN improve its cash flow and reduce its operational and R&D costs, while preserving employment and technological expertise in the sector.