Activa-backed Findis acquires Cocélec

The investment is in line with Activa's consolidation strategy, as drawn up with the Findis management upon its acquisition in April 2011.

The transaction results in the creation of a network of electrical and audiovisual stores across France, which will include over 1,000 branded stores.

Company
Cocélec distributes electrical, audiovisual and culinary products primarily in the centre and South of France. The company owns retail brands Extra and Domial, which operates 550 shops. The company reported an annual turnover of €125m in 2010 and employs 300 people.

People
Olivier Nemsguern and Grégory Fradelizi worked on the transaction for Activa Capital. Frédéric Jumentier is president of Findis.

Advisers
Equity - Deloitte, Vincent Battle (Financial due diligence); Racine, Mélanie Coiraton (Legal); Arsène Taxand, Laurent Partouche-Sebban (Tax); Bucéphale, Olivier Dardel (Corporate finance).
Company - Natixis, Marc Priou (Corporate finance); Synercom, Claude Robert (Corporate finance).

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

• Topics
• France
• Consumer
• Buyouts
• Now researching
• France
• Activa Capital