Press Release November 26, 2018

Eurazeo PME to Sell Majority Stake in Vignal Lighting to EMZ Partners

Goodwin conseille Eurazeo PME dans le cadre de sa sortie de Vignal Lighting Group

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.

The Goodwin team was led by partner Maxence Bloch and included associates Chloé Vu Thien and Crina Gealatu.

For additional details on the sale, please read the press release.

 

Le cabinet d’avocats international Goodwin accompagne Eurazeo PME dans le cadre de la cession de sa participation majoritaire au capital de Vignal Lighting. Eurazeo PME a consenti une exclusivité de négociation à EMZ Partners jusqu’à janvier 2019.

Eurazeo PME, filiale de la société d’investissement Eurazeo spécialisée dans les PME, était entrée au capital de Vignal Lighting Group en février 2014. Leader européen des feux de signalisation pour véhicules industriels et commerciaux, le groupe emploie 500 personnes et affiche en 2017 un chiffre d’affaires de 106 millions d’euros.

L’équipe Goodwin qui assistait Eurazeo PME était composée de Maxence Bloch (Associé), Chloé Vu Thien et Crina Gealatu (Collaboratrices)