The company said it plans to expand from 77 to 100 stores following the investment and continue to grow internationally.
The deal is the firm’s sixth investment from its fourth buyout fund, which closed on €380m early last year following a two-year fundraise.
Investors in that fund are believed to include Alliance Trust Equity Partners and the European Investment Fund.
Late last month 21 Centrale signed a deal with NYSE-Euronext-listed leisure company Promeo Group to merge French campsite operator Village Center with its portfolio company Vacances directes.
The new group will have 38 campsites under management, of which 19 are directly owned, as well as an aggregate 20,500 camping plots under management and a fleet of 13,500 mobile homes.
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