The Paris Private Equity team is advising Eurazeo PME on the sale of its majority stake in Vignal Lighting to EMZ Partners. Eurazeo PME has also granted exclusive negotiation privileges to EMZ Partners until January 2019.
Eurazeo PME acquired a majority stake in Vignal Lighting Group in February 2014. The transaction, should it occur, would allow Eurazeo PME to make €119 million in proceeds from the sale, including the 2016 repayment of the bonds for €27 million.
A subsidiary of Eurazeo, Eurazeo PME is an investment company dedicated to majority investments in French SMEs with a value of under €250 million. As a long-term professional shareholder, it provides its investments with all the financial, human and organizational resources necessary for long-term change, and supports those companies in its portfolio in implementing sustainable and therefore responsible growth.press release.