Sale of the Dagard Group to Initiative & Finance FCPR I | CMS Bureau Francis Lefebvre advises Windhurst Industries

CMS Bureau Francis Lefebvre advised Windhurst Industries on the sale of 100% of the capital and voting rights in the Dagard Group to the Initiative & Finance FCPR I investment fund. This transaction is due to be completed during the first quarter of 2014, subject to fulfilment of the conditions precedent.

Founded in 1951, the Dagard Group is the European leader in the manufacture of modular cold rooms and the French leader in the construction of insulated units and buildings for the agri-food industry. Dagard has also become the European leader in the construction of clean rooms using modular construction systems. The Dagard Group is present in more than 60 countries through its numerous partners and employs more than 450 people at two production sites in the French departments Creuse and Allier.

Windhurst Industries received legal advice on the transaction from CMS Bureau Francis Lefebvre with Philippe Rosenpick, Arnaud Hugot and Alexandre Morel (for corporate aspects), Hubert Bresson and Stéphanie Riou-Bernard (for tax aspects), as well as financial assistance from André-Louis Valière, Marie-Charlotte Bonnemay and Thomas Negrel at BNP Paribas CIB Corporate Finance.

Initiative & Finance FCPR I received legal advice on the transaction from Lamartine Conseil with Olivier Renault, Gary Lévy (for Corporate aspects) and Philippe Barouch (for competition aspects) while due diligence was carried out by Red2 Green (Arthur Wastyn) from an accounting and financial perspective and Lamartine Conseil (Emmanuelle Prost, Aurélie Broussy, Philippe Barouch and Gary Lévy) for legal, social and tax aspects.

For more information, please contact:

• Nicolas Merigeau, NewCap
  nmerigeau@newcap.fr
  +33 1 44 71 94 98
  
• CMS Bureau Francis Lefebvre
  Florence Jouffroy, Marketing and Communication Director
  Laetitia Mostowski, External Communication Manager
  florence.jouffroy@cms-bfl.com, laetitia.mostowski@cms-bfl.com
  +33 1 47 38 40 32 / 40 74