Sofimac et al. in €2.5m round for Jet Metal Technologies
Sofimac has joined existing investors Viveris Management, Aster Capital, Naxicap Partners and Rhône-Alpes Création in a €2.5m funding round for French surface treatment specialist Jet Metal Technologies (JMT).
Viveris Management, Aster Capital, Naxicap Partners and Rhône-Alpes Création already provided JMT with a first round of funding amounting to €2.5m in 2009.
Company
Founded in 2007, JMT specialises in chemical compounds used in surface treatment applications, with a particular focus on metallisation processes. It targets industries such as the automotive and luxury packaging sectors.
Based in Champagne-au-Mont-d'Or, JMT posted a €1.23m turnover in 2010.
People
Emmanuel Eon worked on the deal for Sofimac. Philippe Reynaud and Dominique Louy led the transaction for Viveris and Naxicap respectively. Jean-Marc Bally and Julien Creuze represented Aster Capital, while Mathieu Viallard led the investment for Rhône-Alpes Création.
Advisers
Company – Lamy & Associés, Eric Baroin, Laëtitia Desurmont, Misha Raznatovich (Legal).
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