SMART GOOD THINGS: Sale of Salva to the Garance group

Paris, May 23, 2024 – Smart Good Things Holding (MLSGT) announces the sale of its stake in Salva to the Garance mutual group, specializing in savings and retirement. This operation aims to strengthen the common mission of Salva and Garance in long-term savings. Salva thus becomes “Salva by Garance”, offering an innovative and accessible savings solution, with new development prospects.

This acquisition marks a key step for Smart Good Things Holding in its positioning within the caring economy. A service contract between the two entities will allow Smart Good Things to continue to support Salva.

Serge Bueno, CEO of Smart Good Things Holding, says this transaction demonstrates their ambition to change consumers' lives. Virginie Hauswald, General Director of Garance, adds that this union will democratize access to savings for the French and beyond.

An event to present “Salva by Garance” is planned for the end of June.