French group PIERRE & VACANCES, Europe's largest holiday residence company, has announced the acquisition of 93.7% of the capital of the MAEVA group (turnover EUR 8.6 million for the financial year 2000-2001 with 21,000 flats and houses), present on the same segment of activities, from NEXITY. The amount of the acquisition is EUR 90 million, with 100% of the capital worth EUR 96 million. With this move, PIERRE & VACANCES strengthens its position on the European tourist market with 50,000...