CMS Bureau Francis Lefebvre advised the sellers and management of Extruflex Group in the new LBO on the Group, which the management organised with the 'Initiative et Finance' and 'A Plus Finance' funds.
The long-standing shareholder and Sofipaca transferred all of their shareholdings as part of this LBO.
Extruflex Group is the world leader in flexible, extruded PVC to form straps and panels for the production of strap curtains, swing doors and high-speed doors sold to architects, contractors, builders, distributors of plastic products, purveyors of industrial supplies, welding specialists, food manufacturers and healthcare operators.
The CMS Bureau Francis Lefebvre team consisted of: Alexandre Delhaye (partner) and Solenne Gilles for the Corporate/M&A aspects, and Laurent Hepp (partner), Philippe Gosset and Damien Basson for tax aspects including the tax structuring of the LBO.
The 'Initiative et Finance' and 'A Plus Finance' funds were advised by Lamartine Conseil, represented by Fabien Mauvais and Camille Le Foyer Costil (Corporate/M&A).
The long-standing shareholder was advised for tax purposes by Armand Associés (Georges Civalleri).
The banks were advised by Volt Associés (Alexandre Tron).