Siparex, Finorpa back Coquelle

Siparex invested via its Siparex Entrepreneurs 1 fund and the Nord-Ouest Enterpreneurs 4 fund. It partially bought out Finorpa's shareholding as part of the deal, taking a 33% stake in the company.

Finorpa, which retained a 4% shareholding, has been a shareholder in the company for 10 years.

A debt package was provided by Banque Populaire du Nord, Societe Generale and BPI France. The debt will facilitate Coquelle's acquisition of French company Trafilog, which generates around €21m in turnover and increases Coquelle's consolidated turnover to €60m.

Company
Founded in 1965 and headquartered in Pas-de-Calais, Coquelle specialises in the national and international transportation of goods on pallets and full loads, as well as bulk shipping of food and waste.

The company generates €40m in revenues and employs 350 staff.

People
Christophe Coquelle is the president of Coquelle. Siparex managing partner Bertrand Robert, senior investment manager Stéphanie Malysse, senior associate Stéphane Agaësse and Damien Fulchiron, the managing director of Siparex Proximité Innovation, worked on the deal. Managing director Antoine Harleaux and associate Caroline Calcoen worked on the deal for Finorpa.

Advisers
Equity – DLGA, Charles Delavenne (Legal); Aguera & Associés, Laure Mazon, Caroline Blanvillain (Social due diligence); EY, Mathieu Jaud de la Jousselinière, Quentin Wemaere, Marc Thiébaut, Sarah Chenut (Financial due diligence, tax).
Company – Clairfield International, Franck Richard, Fabien Lebon (Corporate finance); Jurinord, Emmanuel Parenty, Christian Lagenfeld (Legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• France
• Expansion
• Industrials
• France
• Siparex