We have advised Sogeclair and its subsidiary Oktal on the creation of a joint venture with Renault. Oktal and Renault have co-founded AVS SAS, a simulation-focused joint venture.
Oktal, a subsidiary of Sogeclair since 2001, is a global supplier of high-quality automotive and train driving simulators for research, engineering, and training purposes.
In the new joint venture, Renault Group acquired a 35% stake in Autonomous Vehicle Simulation (AVS), which was formed with Oktal, a subsidiary of Sogeclair, holding the remaining 65%.
Renault Group is an international leader in the automotive industry, selling over 3.2m vehicles through 12,700 outlets in 127 countries in 2016. It employs more than 120,000 people and operates 36 manufacturing facilities worldwide.
