M&A Deal Summary

CNP Acquires Cleeven

On January 1, 2023, family office CNP acquired engineering company Cleeven

Acquisition Highlights
  • This is CNP’s 1st transaction in the Engineering sector.
  • This is CNP’s 5th transaction in France.

M&A Deal Summary

Date 2023-01-01
Target Cleeven
Sector Engineering
Buyer(s) CNP
Deal Type Buyout (LBO, MBO, MBI)

Target

Cleeven

Basel, France
Cleeven is an Engineering, R&D and IT consulting group with more than 600 consultants and 8 subsidiaries located in France, Switzerland and Sweden. The company brings its clients its know-how in terms of innovation and R&D in a wide range of sectors: energy, services & banking, aerospace & defense, transportation, pharmaceuticals & chemicals, as well as IT & Telecoms. Cleeven was founded in 2015 and is based in Basel, France.

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Buyer(S) 1

Buyer

CNP

Investor Investor Investor Investor


Category Family Office
PE ASSETS 3.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Compagnie Nationale à Portefeuille is a family-backed investment firm focused on investing directly in public and private companies throughout Europe. Compagnie Nationale à Portefeuille is headquartered in Loverval, Belgium.


DEAL STATS #
Overall 7 of 8
Sector: Engineering M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 3
Country: France M&A 5 of 6
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 ECT

Villeneuve-sous-Dammartin, France

ECT engages in the management of inert construction waste (earth and rubble) across numerous sites around the Paris metropolitan area. The company has been providing its clients in earthworks and construction companies with a wide range of services: excavation management, clean-up, storage, development of green spaces, material, and quarry waste recycling, and reconstitution of agricultural land. ECT was founded in 2007 and is based in Villeneuve-sous-Dammartin, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-31 Groupe Climater

Toulouse, France

Groupe Climater is a designer, producer, maintains, and operates HVAC (Heating, Ventilation, and Air Conditioning) engineering systems for the manufacturing, healthcare, housing, retail, offices, and public facilities sectors. The group mainly operates in the south of France and the Paris region from its 15 locations. Groupe Climater was founded in 1989 and is based in Toulouse, France.

Buy -