© Copyright Acquisition International 2024 - All Rights Reserved.

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

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Selescope Advises Capital Export’s Backing of Celec BIMBO

Selescope Advises Capital Export’s Backing of Celec BIMBO

View Biography
Image

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
Read Full PostRead - Eye Icon
GDPR: What you need to know
Finance
28/03/2018GDPR: What you need to know

From 25 May 2018 the Data Protection Act 1998 (DPA) will be replaced by The General Data Protection Regulation (GDPR), and it will bring important changes to the ways data is stored and processed by businesses.

Read Full PostRead - Eye Icon
The Importance of IP in M&A transactions
Innovation
19/11/2015The Importance of IP in M&A transactions

For the past 10 years, Coller IP has been at the forefront of developments in Intangible Asset Management. Jackie Maguire profiles the firm and explains their place in the market.

Read Full PostRead - Eye Icon
The Role of Microfinance in Uganda
Finance
26/02/2016The Role of Microfinance in Uganda

Five Talents Uganda Ltd is a Christian microenterprise development Institution that gives financial and non- financial services to the active poor people in Uganda. It offers small loans and trains people in business and financial management skills to empower

Read Full PostRead - Eye Icon
How are Big Businesses Digitising VAT in 2023?
Innovation
26/07/2023How are Big Businesses Digitising VAT in 2023?

With constant progress in automation, large corporations are adapting to digital processes for VAT. By implementing innovative strategies and technological advances, businesses can comply with the latest regulations and requirements.

Read Full PostRead - Eye Icon
Baker & McKenzie Advise During Walmark’s Acquisition of Pneumolan
Legal
20/08/2015Baker & McKenzie Advise During Walmark’s Acquisition of Pneumolan

Baker & McKenzie Advise During Walmark's Acquisition of Pneumolan

Read Full PostRead - Eye Icon
Virtusa Completes Acquisition of Majority Interest in Polaris Consulting & Services, Ltd
M&A
03/03/2016Virtusa Completes Acquisition of Majority Interest in Polaris Consulting & Services, Ltd

Virtusa Corporation (NASDAQ GS:VRTU) today announced that its India subsidiary, Virtusa Consulting Services Private Limited, has acquired all of the outstanding shares of Polaris Consulting & Services, Ltd.

Read Full PostRead - Eye Icon
Cybersecurity on the high seas
Innovation
26/04/2019Cybersecurity on the high seas

With their preference for hijacks, machine-gun-point robbery and hostage-taking ransoms, 21st-century pirates on the high seas are a far cry from the pirates that we have all heard and read about.

Read Full PostRead - Eye Icon
How Long Does a Personal Injury Claim Take to Settle?
Legal
09/11/2023How Long Does a Personal Injury Claim Take to Settle?

In response to one of the most frequently asked questions asked by our clients, Lennons Trainee Solicitor Laxmi Mall explores how long personal injury claims take to settle, and what to expect along the way.

Read Full PostRead - Eye Icon
37% of businesses say apprentices will be top source of talent
Innovation
12/02/201837% of businesses say apprentices will be top source of talent

37% of businesses say apprentices will be top source of talent in 2018, survey finds



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 14 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.

Arrow