CMS BFL advisor to the Aplix Group

CMS Bureau Francis Lefebvre advisor to the Aplix Group as it rejigs its share structure ...

CM-CIC Capital Finance, an Aplix Group partner since 1988, has increased its holding to 37 % as part of its capital reorganisation. The new arrangement has enabled the legal structure to be simplified while at the same time enhancing the family nature of the group, one of its key assets for developing in an harmonious style.

Legal and tax advice for this operation was provided to the Aplix Group by CMS Bureau Francis Lefebvre with Jean-Robert Bousquet (partner), Jean-Charles Daguin and Cécile Leclerc handling corporate issues, Pierre Le Roux (partner) and Lionel Bogey handling tax and Grégory Benteux handling finance.

CM-CIC Capital Finance was advised by LB Avocats (Youna Le Bour-Feillard), Orsay (Frédérique Milotic) and de Gaulle, Fleurance et Associés (Fédéric Ruppert).

About the Aplix Group:
The Aplix Group was founded in 1958 to commercialise the Velcro patent which entered the public domain in 1976. Within half a century the Group became one of the world leaders in self-adhesive products, generating sales of more than 140 million euro, with factories in France, USA and China.

About CM-CIC Capital Finance:
Grouping together the activities of CIC Finance, Banque de Vizille and IPO, CM-CIC Capital Finance operates in all areas of corporate finance to meet businesses’ equity finance needs . It manages capital of more than 2.6 billion euro across the board. It has equity investments in 630 businesses, mainly family firms, with a total investment of close to 2.1 billion euro, including a 10 % international component.

NewCap (Presse Agency)
Pierre Laurent - +33 1 44 71 94 97