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Advising Columbus Holding in connection with the acquisition of 27.76% in the share capital of the Chargeurs group

29 Oct 2015

Advising Columbus Holding in connection with the acquisition of 27.76% in the share capital of the Chargeurs group, specializing in textiles, sold by its two main shareholders: Jérôme Seydoux and Eduardo Malone.

Pursuant to this agreement, the company Colombus Holding undertook to acquire on October 30, 2015, all their stakes in CHARGEURS, i.e. 6,334,805 shares representing 27.76% of the share capital. The transaction will be carried out at a price of EUR 8 per share, corresponding to a value of circa. EUR 184 million for 100% of the company’s share capital. Jérôme SEYDOUX and Eduardo MALONE will resign from their respective mandates as board member and Chairman of the board of CHARGEURS on October 30, 2015.

The company Colombus Holding was established by Michaël FRIBOURG with the support of leading French long-term institutional investors, CM-CIC Investissement, EFFI-INVEST II, BNP Paribas Développement, Harwanne (COVÉA group) and several French family offices.

CHARGEURS is a global manufacturing and services group with leading positions in four segments: temporary surface protection, technical substrates, garment interlinings, and combed wool. It has nearly 1,600 employees based in 32 countries on five continents. In 2014, consolidated revenue totaled €478 million.

Matter Type
Fund/Investment Management
Industry
Business services
News Category
M&A