M&A Deal Summary

Eram SA Acquires Groupe Gigastore

On September 7, 2008, Eram SA acquired retailer Groupe Gigastore from Azulis Capital and Qualium Investissement

Acquisition Highlights
  • This is Eram SA’s 1st transaction in the Retail sector.
  • This is Eram SA’s 1st transaction in France.

M&A Deal Summary

Date 2008-09-07
Target Groupe Gigastore
Sector Retail
Buyer(s) Eram SA
Sellers(s) Azulis Capital
Qualium Investissement
Deal Type Add-on Acquisition

Target

Groupe Gigastore

Paris, France
Groupe Gigastore offer a wide variety of first quality, fashionable, in-season apparel and accessories for men, women and children.

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Buyer(S) 1

Buyer

Eram SA

St Pierre Montlimart, France

Category Company
Sector Apparel/Textiles
DESCRIPTION

Eram SA is a manufacturer of shoes, clothing, and accessories for men, women, and children.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2008 M&A 1 of 1

Seller(S) 2

SELLER

Azulis Capital

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 1.0B EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Azulis Capital is a private equity investment firm that targets buyout, recapitalization, and growth capital investments in France. Azulis looks to invest in mid-sized businesses with €20 to €120 million in enterprise value. Sectors of interest include consumer products and services, manufacturing, communications, healthcare, and chemicals. Azulis generally seeks to commit between €7 and €30 million per transaction. Azulis Capital was formerly known as Banexi Capital and is based in Paris.


DEAL STATS #
Overall 12 of 49
Sector: Retail M&A 2 of 5
Type: Add-on Acquisition M&A Deals 3 of 5
Country: France M&A 12 of 49
Year: 2008 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-01 Cléor S.A.

Cedex, France

Cleor operates a network of 77 jewellers located in shopping centres across France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-01 Paprec

Paris, France

Paprec operates as a waste recycling company. Paprec was founded in 1994 and is based in Paris, France.

Sell -
SELLER

Qualium Investissement

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 1.6B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Qualium Investissement is a large private equity firm focused on acquiring and investing in French companies. The Firm does not have any sector preferences and prefers buyouts of family-owned or closely held companies that are seeking a change of ownership. Qualium's looks to invest €20 to €75 million in transactions valued up to €250 million. Qualium Investissement is based in Paris.


DEAL STATS #
Overall 10 of 38
Sector: Retail M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 8
Country: France M&A 9 of 36
Year: 2008 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-15 Artesys International SA

Rennes, France

Artesys International SA is a French engineering document control software provider and applications supporting the efficient and safe operation of processing plants and is used by over 8,000 engineering and maintenance professionals to locate validated plant documents and data.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-08 SOCOTEC

Guyancourt, France

SOCOTEC is a provider of inspection and risk management services in the fields of quality, health, safety and environment. Socotec has gradually and successfully diversified its product offering and is today present in a wide range of TIC ('Testing, Inspection and Certification') segments, focussing on asset preservation: equipment inspection, real estate diagnostics and testing and inspection within the Energy sector (notably Nuclear and Oil & Gas). SOCOTEC was founded in 1953 and is based in Guyancourt, France.

Buy -