
CAPE backs AEMI OBO
Crédit Agricole Private Equity (CAPE) has invested €1.5m in the owner buyout of French industrial parts manufacturer AEMI.
CAPE invested via the LCL Régions Développement fund, a 2006 vintage that closed on €40m. AEMI president and founder Dominique Guichené retains a majority stake. LCL and Société Générale provided senior debt.
CAPE's backing will allow AEMI to pursue its growth strategy - the business is aiming to double in size within the next five years.
Company
Founded in 1980, AEMI specialises in the machining and assembly of mechanical parts for various industries. The Mérignac-based group also operates three production sites in France, Portugal and Tunisia. Its clients include Safran, Dassault and Thalès.
AEMI posted a €14m turnover in 2011 and employs in excess of 250 people.
People
Francois Lory and Fabrice Crabié led the deal for CAPE.
Advisers
Equity - Deloitte, Emmanuel Gadret, Mathieu Perromat (Corporate finance); GGSM, Marc Baffreau, Sandra Matas, Dina Rimouche (Legal).
Company - Financière Monceau, Jacques-Henri Rième (Corporate finance); Exème Conseil, Pierre Gramage, Cécile Bayle-Demilly (Legal).
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