FSDV lists on Euronext

• Market capitalisation of €244 million

• 27^th listing on Euronext in 2025

Paris – 1 July 2025 – Euronext today congratulates FSDV (formerly Groupe BMG), a family-owned and independent player in the commercial property sector in France, on its listing on Euronext Paris, following a reverse takeover (ticker code: FSDV).

At the crossroads of environmental performance and the evolution of building usages, FSDV, as a property industrial player, deploys an innovative strategy based on three strategic sectors: la foncière BMG (the BMG property management), coworking spaces under the B’CoWorker brand, and off-site construction led by Cir PREFA. With 800,000 m² of assets in metropolitan France, spread across more than 160 sites, including 22 coworking spaces, FSDV operates across the entire property value chain: from land acquisition to property management, workspace rental, to design, construction, and site management. Present in most metropolitan regions, the group relies on a significant territorial network, with locations in Bordeaux (Le Spi or Le Bridge), Sophia-Antipolis (Arcole), Lille, Marseille (Parc de la Renardière), Strasbourg (Le Twins), and Angers (Le Trigone).

FSDV was listed through the admission to trading on 1 July 2025 of the 14,435,918 shares making up its equity, resulting from a share contribution transaction (14,285,668) for which the beneficiary is FAYENCERIES DE SARREGUEMINES, DIGOIN & VITRY LE FRANCOIS, as part of a reverse takeover.

FSDV is an alumnus of IPOready Private, Euronext’s pre-IPO educational programme for medium-sized enterprises. IPOready Private assists executives of medium-sized enterprises considering an IPO by providing them with exclusive tools and insight from industry leaders, advisors and experts, helping them prepare for a potential listing.

Louis Ramé, Chairman of FSDV and Nicolas Ramé, Managing Director of the Managing Board of FSDV, said: “This is an important and defining new chapter we are opening today for our group. FSDV is, first and foremost, the continuity of an independent, family-owned group with strong roots in the territories, but also of the name of a long-standing company that carries over 300 years of French history and expertise. It is also a change in scale for our group, which will allow us to accelerate our development while staying true to what we have been building for years: property designed to concretely meet the expectations of businesses. Our ambition is clear: to continue to put forward a new generation of buildings. Places to live, to work, to connect. Places useful to businesses and useful to the territories.” 

Caption: Louis Ramé, Chairman of FSDV and Nicolas Ramé, Managing Director of the Managing Board of FSDV, and their team rang the bell during a ceremony this morning to celebrate the listing of FSDV.

CONTACTS  

CONTACT EURONEXT - mediateam@euronext.com   

France, Corporate                                                  Flavio Bornancin-Tomasella                               +33 1 70 48 24 45                          

CONTACT FSDV – Image7

Corporate                                                                      Nathalie Feld                                                                   +33 6 30 47 18 37 / nfeld@image7.fr

Corporate                                                                      Anatole Flahault                                                           +33 1 53 70 74 26 / aflahault@image7.fr

About FSDV

FSDV (Euronext Paris: FSDV), industrial player of the property sector – formerly Groupe BMG, is an independent family-owned business which deploys an innovative and integrated strategy dedicated to businesses and territories. At the crossroads of environmental performance and the evolution of building usages, FSDV operates across the entire property value chain: from land acquisition to property management, workspace rental, to design, construction, and site management. Its model is based on three complementary sectors: 

• La foncière BMG (BGM property management), which combines management of 800,000 m² of property assets spread across 160 sites and developing new and requalified projects, linked with users’ needs. 
• Off-site construction, led by CIR PREFA, expert manufacturer of precast concrete with 70 years of expertise.
• Coworking and managed workspaces, under the B’CoWorker brand, present on 22 sites in France, offering flexible, ready-to-use solutions.

Present in most metropolitan regions, the group relies on a significant territorial network, with locations in Bordeaux (Le Spi or Le Bridge), Sophia-Antipolis (Arcole), Lille, Marseille (Parc de la Renardière), Strasbourg (Le Twins), and Angers (Le Trigone).