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| Founded by four leading Paris auctioneers and acquired by Artémis in 2001 under new auction house regulations, Piasa is one of the leading auctioneers in the French market. |
Piasa is ranked fifth among French auction firms and is the main player at French auction house Drouot. The total auction sales in 2008, including premium, reached €43 million. It therefore gained market share in a declining market. In 2008, Artémis Group sold 60% of its stake to French investors strongly committed to the art market. |