Crédit Agricole Private Equity invests in AEMI

Crédit Agricole Private Equity invests in AEMI
Monday, February 13, 2012

Crédit Agricole Private Equity, via its LCL Régions Développement fund, is investing €1.5 million in AEMI, a group specialising in precision mechanical engineering. The investment is taking place through an OBO involving Dominique Guichené, the company's Chairman and sole owner, who will retain most of the capital.


AEMI was founded in 1980 by Mr Guichené, and is one of France's leading players in the high-speed precision manufacturing of mechanical components, and in the integration of mechanical and mechatronic sub-assemblies.

The group produces complex and large components in small and medium-sized production runs. Its serves high-value-added niche markets in sectors including military hardware, aeronautics, space and medicine. AEMI is based in Mérignac, and has three production sites: one in France (via its AGB subsidiary), one in Portugal (via its MPV subsidiary) and one in Tunisia (via its AGBI subsidiary). All three have ISO 9011 and EN 9100 certification. Customers consist mainly of large European manufacturing groups, and include Safran, Thalès, Dassault and Nexter.

AEMI generated €14 million of revenue in 2011 and has more than 250 employees.

Dominique Guichené, Chairman of the AEMI group, made the following comments: "Our ambition for the next five years is to double the size of our group in order to bolster our position as a major player in the precision mechanical engineering sector. This transaction will enable us to expand the range of products we offer to our customers, who have supported and trusted us for many years. We are pleased to welcome Crédit Agricole Private Equity as a shareholder, and look forward to meeting these challenges together."

François Lory, Director at Crédit Agricole Private Equity, said: "We were attracted by AEMI's market position and excellent reputation, along with the quality and stability of its management team. The group has developed acknowledged expertise over a period of more than 30 years, and this has enabled it to secure a loyal base of major manufacturing customers. We are proud to accompany AEMI as it pursues its strategy of controlled, profitable growth."

 

Participants

AEMI (www.agb-ugv.com)
Dominique Guichené, Chairman

Crédit Agricole Private Equity
François Lory, Director, LBO & Expansion small cap
Fabrice Crabié, Associate, LBO & Expansion small cap

 

Company advisors

Financial:
Financière Monceau: Jacques-Henri Rième

Legal:
Exème Conseil: Pierre Gramage, Cécile Bayle-Demilly

 

Investor advisors

Financial:
Deloitte TS: Emmanuel Gadret, Mathieu Perromat

Legal:
GGSM: Marc Baffreau, Sandra Matas, Dina Rimouche

Senior debt
LCL: Ivan Piqueras
Société Générale: Carine Lancien, Brice Barile

 

Press contacts
Crédit Agricole Private Equity
Martine Sessin-Caracci, martine.sessincaracci@ca-privateequity.fr – +33 (0)1 43 23 90 88
Shan
Caroline Babouillard, caroline.babouillard@shan.fr – +33 (0)1 44 50 58 72

 

About Crédit Agricole Private Equity
Crédit Agricole Private Equity is a major player in capital investment, specializing in SME financing. With €3.7 billion under management, Crédit Agricole Private Equity provides companies with the capital required to develop, through their expertise: LBO & Development, Risk Capital, Mezzanine Capital, Co-Investment, Renewable Energy, PPP infrastructures.
Crédit Agricole Private Equity is a signatory of the Principles for Responsible Investment of the United Nations (PRI).