YCOR SCA SCA

About YCOR SCA SCA

YCOR SCA SCA is a Luxembourg-based investment vehicle linked to the family group of Maurice Lévy. In the financial restructuring of Solocal Group completed on July 31, 2024, Ycor became Solocal’s controlling shareholder, while Maurice Lévy was appointed Chairman and Chief Executive Officer. Solocal’s published materials indicate that Ycor obtained this majority position through a combination of debt-to-equity restructuring steps and off-market acquisitions, thereby emerging as the company’s reference shareholder. Within Solocal’s governance framework, Ycor plays a central role as a stabilizing shareholder and strategic anchor. The restructuring materially reduced the company’s debt and strengthened its balance sheet, with the stated objective of putting Solocal back on a path of sustainable and profitable growth. Ycor therefore functions less as a traditional operating business and more as a control and capital-structuring vehicle supporting a broader corporate turnaround. Ycor’s influence was further reinforced in 2025, when a threshold-crossing disclosure confirmed that it held roughly two-thirds of Solocal’s share capital and voting rights, alongside Mora & F SA, which is also controlled by the Lévy family circle. This development reflects a tighter governance model designed to support operational recovery and the company’s digital transformation. Beyond Solocal, Ycor is described as a technology venture group focused on data-driven solutions, with activities spanning AI, blockchain, new devices and software. In a listed-company context, Ycor stands out for its ability to structure complex transactions, secure shareholder continuity, and support a public company through a critical recapitalization and relaunch phase.