FRANCE - Turenne funds EUR 6.6m Santé/Serf merger

Dedienne Santé develops and distributes metal and plastic-based prosthetic implants such as hips and knees. The Montpellier-based firm recorded a EUR 7.2m turnover in 2008 and has 45 employees. Serf, based in the Décines, generated a turnover of EUR 13.3m in 2008 and employs 87 people.

Turenne Capital invested via a number of funds under its management, including Turenne Investisssement, which provided EUR 495,000 of the total.

The deal sees Serf's CEO Elisabeth Delanoue and her family take a stake in Menix.

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• Topics
• Expansion
• France