Investor Group to buy CEBTP in Buyout Deal
A group of investors led by Siparex has offered to buy Groupe CEBTP alongside management with CEO Philippe Margarit. The approval of the sale by the French competition authorities is expected in 3Q 2013. Siparex put together an investor pool with Cathay Capital, Bpifrance Investissement and BNP Paribas Développement for purchasing all the capital of Groupe CEBTP from the Dutch group, Grontmij. The transaction is also partly financed by mezzanine debt, arranged by Idinvest Partners.
17 July 2013•5 mins read
