FRANCE - Activa Capital backs the buyout of Françoise Saget
Activa Capital has backed the spin-out of Françoise Saget from Yves Rocher. The deal was leveraged by a debt package underwritten by Banque Palatine.
Françoise Saget is the French leading household linens mail order company, with a 2005 turnover of EUR 49m. Following the deal, Yves Rocher will retain 20% of the business' equity.
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