Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Selescope Advises Capital Export’s Backing of Celec BIMBO

Posted 24th June 2015

Selescope Advises Capital Export’s Backing of Celec BIMBO

Selescope Advises Capital Export's Backing of Celec BIMBO

Scroll to keep reading

Selescope Advises Capital Export’s Backing of Celec BIMBO

Selescope Advises Capital Export’s Backing of Celec BIMBO

View Biography

HR Due Diligence, Damien Leblond

Capital Export has supported the BIMBO of French opto-electronic sensor manufacturer Celec, alongside two private investors.

The transaction will see Capital Export acquire a minority stake in Celec from the Martin family and become the largest shareholder in the company.

Also investing will be new Celec CEO Michel Fardo, until now managing director at electrical manufacturer Mors Smitt France. Also investing in the buyout were Vincent and Matthieu Martin, the sons of company founder Christian Martin; and the company’s marketing director and industrial director, respectively. Meanwhile, Pierre-Michel Deléglise will continue overseeing financial and strategic development.

Capital Export has not yet disclosed the amount it will be investing, but its Capital Export FCPR fund typically targets €3-10m deals in French SMEs looking to expand internationally.

With commitments from LPs including BPI France, Banque Palatine, savings banks, family offices and entrepreneurs, the vehicle has made seven investments to date. Other portfolio companies include thermic technology developer Ilo Technology and medical diagnostics equipment provider Spengler.

Celec intends to invest the fresh funds in the launch of new products and the development its international presence, currently representing 70% of its revenues. There are also plans to enter areas including the energy, environmental, railway and security sectors, in order to increase sales from €10m to €17m within five years.

Categories: Legal, M&A, Strategy

You Might Also Like

How to Implement a Flawless Digital Marketing Strategy

21/11/2019How to Implement a Flawless Digital Marketing Strategy

A cohesive digital marketing strategy is essential for any company that wants to maximise profits and gain new customers. Many organisations opt to reconfigure traditional marketing strategies in accordance with the digital arena, but this approach to digital

A Look at Careers with Elevated Risks of Cancer and Occupational Diseases

23/08/2024A Look at Careers with Elevated Risks of Cancer and Occupational Diseases

Certain careers pose significant health risks due to inherent job-related hazards. Safety risks such as repeated stress injuries and dangerous chemicals are frequently encountered by workers in these industries. This exposure has the potential to cause major h

5 Smart Ways to Automate Your Packaging Processes

01/12/20215 Smart Ways to Automate Your Packaging Processes

Packaging is an integral component of a manufacturing or distributing business. Regardless of the type of products or goods you're offering, it's critical that you pay attention to how you pack your items so that you can provide your customers with the best se

150 Years Of Dealing In Business Law Matters On A Global Scale

28/06/2019150 Years Of Dealing In Business Law Matters On A Global Scale

Rihm Attorneys is a Swiss law practice with an international outlook and counselling focus around all aspects of entrepreneurship.

Award Winning Cloud-Based Communication

04/05/2022Award Winning Cloud-Based Communication

Unified Communications as a Service (UCaaS) is a category of "as a service" or "Cloud" delivery mechanisms for enterprize communications. These procedures allow the linking of data between one source to another, in no time.

Businesses failing to reap the rewards of total talent acquisition due to siloed hiring activity

14/10/2019Businesses failing to reap the rewards of total talent acquisition due to siloed hiring activity

A new study commissioned by global talent acquisition and management firm, Alexander Mann Solutions, has revealed that businesses aren’t fully reaping the rewards of total talent acquisition (TTA) and the fluid workforce due to siloed hiring activity.

16/08/2023The Importance of Branding in Building a Strong Business Identity

Every day, we come across a number of new brands, whether online or in the physical realm. While this vast variety benefits consumers, granting them numerous choices, it presents a challenge for businesses striving to distinguish themselves in the bustling s

Selecting a Marketing Agency for Optimal Business Development

03/06/2026Selecting a Marketing Agency for Optimal Business Development

Everyone agrees that selecting a marketing agency is like going on a blind date. You may make an excellent impression on the other side, and the feeling of perfect harmony lasts until you realise there will be nothing but disappointments ahead. Does it feel li

Moving Class Outside: Adjusting Academics

13/08/2021Moving Class Outside: Adjusting Academics

When you think of the typical classroom, you’re probably picturing brick walls, rows of desks, a chalkboard and a few decorations that match the subject being taught. Over this past year, though, the traditional classroom has been flipped. The pandemic sent

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS