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

AI Adoption Angst: 9 Ways Leaders Are Suffering Inadequate Implementation

29/11/2023AI Adoption Angst: 9 Ways Leaders Are Suffering Inadequate Implementation

In today's fast-paced and technology-driven world, Artificial Intelligence (AI) has emerged as a transformative force that holds the potential to revolutionize the way we work, make decisions and interact with technology. AI promises greater efficiency, data-d

Producing Accurate Insights for Data Driven Organisations

03/05/2019Producing Accurate Insights for Data Driven Organisations

DigitalMR is a technology company which uses Artificial Intelligence for market research and customer insights. Recently the firm found success in AI’s Global Excellence Awards 2019. On the back of this win, we profiled the firm and caught up with Sales & Ma

Ease The Load: Five Ways AI Can Assist Your Startup Or Small Business

23/04/2024Ease The Load: Five Ways AI Can Assist Your Startup Or Small Business

Using AI in your marketing strategy doesn’t have to be overly complex, and it’s usually very accessible - with free to use tools such as Chat GPT.

The Intersection of Art, Commerce and Broadcasting

03/10/2016The Intersection of Art, Commerce and Broadcasting

If first impressions and encounters are at all foretelling, the initial meeting of Connie Grazia and Nadine Licostie would be a terrific example.

Accelerating Subscription Business Growth With AI

07/08/2024Accelerating Subscription Business Growth With AI

Customer retention is a top priority for businesses with subscription-based models. However, subscription business leaders are often challenged with turning their enterprise customer data into targeted interventions that result in retention improvement.

3 Ways to Grow Your Law Firm

13/10/20203 Ways to Grow Your Law Firm

Like all businesses, law firms need to grow if they want to increase profitability. Whether it’s via expansion to new locations or through the acquisition of more clients, law firms must find viable ways to increase revenue if they want to achieve their grow

Making International Business Easy

19/07/2023Making International Business Easy

Being able to trade effectively on the world stage offers the opportunity to build better economies, access more opportunities and create better lives. Trade compliance expert, BlueBlox GmbH, believes that international trade should be easy and accessible for

The Event Planner’s Guide to Finding and Booking the Perfect Sales Speaker

23/02/2026The Event Planner’s Guide to Finding and Booking the Perfect Sales Speaker

Corporate events can go one of two ways. They can become a room full of distracted professionals half-listening while scanning emails. Or they can become a defining moment that sharpens focus, unlocks performance and realigns an entire sales organisation. The

Working Together Keeps Port in High Demand

26/06/2017Working Together Keeps Port in High Demand

Taylor’s is celebrating its 325th this year. For many, Taylor’s is the archetypal Port house and its wines are the quintessential Ports. Established over three centuries ago in 1692, Taylor’s is one of the oldest of the founding Port houses. Dedicated en

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