Crédit Agricole Private Equity acquires a stake in Pommier Group’s capital

Crédit Agricole Private Equity acquires a stake in Pommier Group’s capital
Monday, December 3, 2007

Crédit Agricole Private Equity has arranged the management buy-out of Pommier Group alongside the management, who took control of the company.

Based in Saint-Ouen l’Aumône (95), Pommier Group designs, manufactures and distributes accessories, mainly for the truck bodybuilding industry. The Group, which is the French market leader, owns manufacturing and distribution facilities in France and across Europe.

The Group has a workforce of 350 employees and forecasts 2007 sales of around €100 million, over half of which is expected to come from outside France.

The Group aims to expand its product range and to pursue its international expansion, notably in Central and Eastern Europe. Crédit Agricole Private Equity is seeking to support the Group’s expansion plans, which are based on strong organic growth combined with acquisitions.

Commenting on the deal, Eric Rey, Director at Crédit Agricole Private Equity, said: “We were attracted by the Group’s robust and committed management team, its numerous expansion opportunities in Europe and the support from its historical shareholders.”

Jean-Patrick Sauvy, Chairman of Pommier Group’s Management Board, added: “By drawing on and strengthening the existing team of managers, we have achieved strong growth. The buy-out deal from the previous owner, in conjunction with Crédit Agricole Private Equity, will help to ensure continuity and the Group’s future, as it sets about further strengthening and expansion of its positions in Europe. Its aim is to become a force to be reckoned with that can always break new ground for customers in its markets.”

 

Crédit Agricole Private Equity
Eric Rey, Director
Benjamin Arm, Associate

Press contact
Martine Sessin-Caracci, martine.sessincaracci@ca-privateequity.fr, 33-1 43 23 90 88

Pommier Group
Jean-Patrick Sauvy, Chairman of the Management Board

Financing
Arranger - LCL (Samuel Frugier, Marie-Cécile Jacquet)
Co-arranger - BNP Paribas (Pierre-Marie Fourier)

Investment advisors
Legal – Paul Hastings (Olivier Deren, Mathias Roth)
Financial – Mazars (Danièle Batude, Cyril Derkenne)

Management advisor
Legal – CJA (Jean-François Burc, Marie-Jeanne Leroy)

About Crédit Agricole Private Equity
Crédit Agricole Private Equity is an AMF-accredited asset management subsidiary of Crédit Agricole S.A., specializing in private equity investment in non-listed companies. A multi-specialist player in the private equity market, it has a team of 40 investors operating in several areas (LBO/Expansion, Venture Capital, Secondary Market, Mezzanine, Renewable Energies, PPP Infrastructure, liquidity solutions, etc.), manages €1.7 billion through venture and innovation funds. Crédit Agricole Private Equity provides advice and support for business managers implementing growth plans.
omnescapital.com