Altrad strengthens its capital by 100 million to finance a major acquisition
|
|
- Hilary Austin
- 8 years ago
- Views:
Transcription
1 Press release Lyon, 17 March 2015 Altrad strengthens its capital by 100 million to finance a major acquisition Altrad's financial partners are making a 100 million equity investment to help it form a marketleading provider of technical services to industry, through the acquisition of Dutch group Hertel. CM-CIC Capital Finance and Bpifrance, which have been minority shareholders in Altrad since 2011, along with Arkéa Capital Investissement and BNP Paribas Développement, have put together a deal to strengthen Altrad's capital by 100 million by buying mandatory convertible bonds and bonds with warrants attached. - Bpifrance is investing 52 million, - CM-CIC Capital Finance 30 million, - Arkéa Capital Investissement and Arkéa Banque Entreprises et Institutionnels 11 million, - and BNP Paribas Développement 7 million. In four years, Altrad will have raised 192 million. In March 2011, CM-CIC Capital Finance, alongside Arkéa Capital Investissement and BNP Paribas Développement, made their first investment in Altrad, totalling 47 million. In June 2011, Bpifrance acquired a stake for 45 million. "This is major fund-raising deal in the French private equity market. It is a transformative transaction and a sign of our confidence in Altrad and its management," said Bertrand Ghez, Executive Manager at CM-CIC Capital Finance. "The deal will enable Altrad to grow even faster, and underlines Bpifrance's desire to support the development of ambitious, dynamic French companies, working alongside leading private investors," said Sébastien Moynot, Principal at Bpifrance Investissement. "We are proud to be working with this excellent medium-sized French company, which has achieved exceptional growth through its strategy of Europe-wide consolidation. The new-look group will have a unique combination of complementary businesses and will offer a comprehensive range of services to major clients. The deal will also deliver operational synergies and give the group consistent geographical positions in Europe, Asia and the Pacific region," added Thierry Martin, Principal at CM- CIC Capital Finance.
2 About Altrad Altrad has been based in Montpellier, France, since it was created in 1985, and it is the leading provider of secure access solutions for the manufacturing, building and public works sectors. It employs almost 6,800 people in 16 countries. The group has grown organically and through acquisitions for almost 30 years, and had revenue of 860 million in the year ended 31 August The acquisition of the Hertel group which is a leading European player in the scaffolding, insulation, mechanical and painting segments and provides a wide range of services to industry, particularly in the energy market will make Altrad one of Europe's top three companies in its sector. The new-look group will have pro forma revenue of 1.6 billion. About Hertel The Hertel group has revenue of 733 million and employs 10,000 people. It was created in 1895 and is a major European provider of technical services to manufacturing companies. It is based in the Netherlands and serves clients in process industries (petrochemicals, utilities etc.) and the oil, gas and energy sector through 25 locations in Europe, the Middle East, Asia and Australia.
3 About Bpifrance Bpifrance is a subsidiary of Caisse des Dépôts et de l État and a trusted partner of entrepreneurs. It is a French public investment bank that finances businesses from the seed phase to stock exchange listing, through loans, guarantees and equity. Bpifrance accompanies firms developing export activities and provides support services for their innovation and acquisition projects, in partnership with Business France and Coface. Bpifrance offers businesses a financing continuum covering every key phase of business development and support suited to the specific regional context. With its network of 42 regional offices ensuring that 90% of decisions are made at the regional level Bpifrance serves entrepreneurs to boost economic competitiveness. Bpifrance supports public policies established by the French government and regions to meet three goals: accompanying businesses in their growth; preparing tomorrow s competitive landscape; developing an ecosystem that favours entrepreneurship. Bpifrance acts as a powerful partner to businesses, one that is on hand and able to respond efficiently to all of their financing, innovation and investment needs. Find our more at: and Follow us on About Arkéa Capital Investissement Arkéa Capital Investissement is a subsidiary of Crédit Mutuel Arkéa. It originally operated in Western France and now covers all of mainland France. Arkéa Capital Investissement invests in all business sectors and covers almost all stages of private equity (organic development, acquisitions and buyouts), always taking minority stakes of 1 million upwards. It forms active partnerships with entrepreneurs and takes a medium- to long-term approach, with no predetermined exit date. For more than 30 years, Arkéa Capital Investissement and the other vehicles it manages have invested around 600 million in more than 300 companies. About BNP Paribas Développement BNP Paribas Développement is a wholly owned subsidiary of the BNP Paribas group. It invests in the equity of small and medium-sized French companies, acquiring minority stakes in rapidly growing, strongly performing participants in all sectors of the French economy. It now has a portfolio of over 320 investments, representing a total investment of 550 million. In order to work as closely as possible with companies and ensure in-depth knowledge of their local markets, BNP Paribas Développement has a presence in all large French cities: Paris, Lille, Strasbourg, Lyon, Marseille, Toulouse, Bordeaux, Nantes and Rennes.
4 Investors CM-CIC Capital Finance Bertrand Ghez Executive Manager +33 (0) Thierry Martin Principal +33 (0) Bpifrance Sebastien Moynot, Principal, medium-sized and large companies Tel: +33 (0) Emilie Brunet Investment manager, medium-sized and large companies Tel: +33 (0) or +33 (0) Emmanuel Blot Manager, medium-sized and large companies Hervé Coindreau Bpifrance legal counsel Arkéa Capital Investissement Cyril Miller Regional Manager + 33 (0) cyril.miller@arkea.com Arkéa Banque Entreprises et Institutionnels Eric Gaulier Head of Specialised Financing + 33 (0) eric.gaulier@arkea.com BNP Paribas Développement Valérie Breitenstein Principal Tel: +33 (0) valerie.breitenstein@bnpparibas.com
5 Altrad Mohed Altrad Chairman Louis Huetz Chief Executive Officer Isabelle Garcia Chief Financial Officer Participants Investor financial due diligence: Grant Thornton, Robert Dambo, Pierre-Olivier Arsac, Geoffroy Tronel Investor strategic advisors: L.E.K., Frédéric Dessertine, Serge Hovsepian Investor legal advisors: Duteil Avocats, François Duteil, Edouard Eliard, Benoît Lespinasse Company legal advisors: Clifford Chance, Daniel Zerbib, Mary Serhal, Maroussia Cuny Press contact CM-CIC Capital Finance: Résonance Médiatique - Véronique Richez-Lerouge +33 (0) (0) v.richez-lerouge@reso-media.com
1. 2. OUR MISSION SERVIR L AVENIR * OUR EXPERTISE ACCOMPANYING ENTREPRENEURS OUR STRATEGY BRINGING TOGETHER THE BEST OF THE PUBLIC AND PRIVATE SECTORS
1. 2. 3. 4. OUR MISSION SERVIR L AVENIR * OUR EXPERTISE ACCOMPANYING ENTREPRENEURS OUR STRATEGY BRINGING TOGETHER THE BEST OF THE PUBLIC AND PRIVATE SECTORS OUR NETWORK AT THE HEART OF THE REGIONS 3-5
More informationSTRATEGIC PLAN 2014-2017 1
STRATEGIC PLAN 2014-2017 1 2 Established by a law of December 30, 2012, Bpifrance promotes sustainable growth, employment and a competitive economy. Bpifrance responds to the needs of businesses by rallying
More informationLa Banque Postale financial results and business performance for 2009
PRESS RELEASE Paris, 18 March 2010 LA BANQUE POSTALE 2009 RESULTS and OUTLOOK FOR 2010 2009 was the best year yet for La Banque Postale 2010 sees the launch of new business lines and the development of
More informationBuilding the future in a changing world
2015 201 CIC - In brief Figures as at 12/31/2015 Building the future in a changing world 3 2 1 Building the future in a changing world 5 AN ACTIVITY ORGANIZED INTO FIVE BUSINESS LINES PROFILe 1 A LEADING
More information1. 2. OUR MISSION SERVIR L AVENIR * OUR EXPERTISE ACCOMPANYING ENTREPRENEURS OUR STRATEGY BRINGING TOGETHER THE BEST OF THE PUBLIC AND PRIVATE SECTORS
SERVIR L AVENIR * 1. 2. 3. 4. OUR MISSION SERVIR L AVENIR * OUR EXPERTISE ACCOMPANYING ENTREPRENEURS OUR STRATEGY BRINGING TOGETHER THE BEST OF THE PUBLIC AND PRIVATE SECTORS OUR NETWORK AT THE HEART
More informationHow To Be A Leading Real Estate Player In France
Conférence Nantes 2014 31 mars 2014 A l écoute des actionnaires 1 Contents A Leading Real Estate Player in Regions Page 03 An Accelerated Realignment Strategy Page 10 Shifting from Managing Existing Assets
More informationPRESS RELEASE Paris, 20 February 2014
DIRECTION DE LA COMMUNICATION SERVICE DE PRESSE PRESS RELEASE Paris, 20 February 2014 LE GROUPE LA POSTE 2013 2 ANNUAL RESULTS Consolidated revenue: 22,084 million up 2 % (+1 % at constant structure and
More informationInvestisseur & Partenaire New Fund I&P Afrique Entrepreneurs
Investisseur & Partenaire New Fund I&P Afrique Entrepreneurs Releasing the potential of SMEs and the financial sector Promoting socially and environmentally responsible entrepreneurship In Sub-Saharan
More information)/0 &* "1*1# 2//-/3!4*1 "1*#
! "# $ &' "&(# $ )*(+,- -$. *'# )-!'*' "!*(# )/0 &* "1*1# 2//-/3!4*1 "1*# /,-,526/27-32 - 02/8/0/-3/23 /00 3 9* :- 0/ - - / -/, // -/ /0 / - / 2 2 $ -2 / 03* / /&' -0&(#*!" # #! $!&'(&)&*+,-&,(. -//3/-003!"#
More informationALLIANCE BETWEEN CEGID AND TECHNOMEDIA (CANADA, USA, EUROPE, HONG KONG)
ALLIANCE BETWEEN CEGID AND TECHNOMEDIA (CANADA, USA, EUROPE, HONG KONG) Cegid moves into the strategic People Management market and cements its position as a major SaaS HR solution provider in France and
More informationPROSPECTUS SUPPLEMENT NO. 1 DATED 22 May 2015 TO THE BASE PROSPECTUS DATED 2 APRIL 2015
PROSPECTUS SUPPLEMENT NO. 1 DATED 22 May 2015 TO THE BASE PROSPECTUS DATED 2 APRIL 2015 LA POSTE Euro 7,000,000,000 Euro Medium Term Note Programme Due from one month to 30 years from the date of original
More informationCREDIT AGRICOLE - CREDIT LYONNAIS
CREDIT AGRICOLE - CREDIT LYONNAIS CREDIT AGRICOLE - CREDIT LYONNAIS The emergence of a major European banking group A historic vocation as a full service bank A strong ambition to develop all its businesses
More informationSecond half of 2012. wholesale Banking / Investment Solutions / Specialized Financial Services
NATIXIS at a glance Second half of 2012 wholesale Banking / Investment Solutions / Specialized Financial Services financial expertise to support clients financial expertise to support clients Global financial
More informationP R E S S R E L E A S E
Paris, 5 May 2015 Coface begins 2015 with robust results: increased turnover and profitability in Q1 Growth in turnover : +5.3% at current scope and exchange rates (+2.3% at constant scope and exchange
More informationA Cross Border One Stop Shop for Alternative Investments Managers
A Cross Border One Stop Shop for Alternative Investments Managers Architects of Alternative Investments Solutions A boutique dedicated to the Alternative Investments community Reinhold & Partners is a
More informationHow does a venture capitalist appraise investment opportunities?
1 How does a venture capitalist appraise investment opportunities? Michael Queen - Finance Director, 3i Group plc A presentation to: 23 Pensions Convention 2 June 23 A How presentation does a venture to:
More information(#)+(( 30& %0%! 20&! ()4
"#$ % && ' ()*+,# 0 -$,)#(,+#.((/ 1((( (#,( 02 302 (#)+(( 30& %0%.()#) 02 20& ()4 5# 6"#( 6," " )( #76 4),.# 8,4 (#. ( (#( ""# #(,4,#) +#)( ) +#+ 6 " " 6 4 6 #(0 *6 # " (#( ) #6( )#7()),()()+(()(#)(#..(
More informationAtos to enhance its global leadership in digital services
Atos to enhance its global leadership in digital services Atos to acquire Xerox IT outsourcing operations Atos and Xerox to enter in a worldwide strategic collaboration Atos would acquire Xerox s IT Outsourcing
More informationTO OUR SHAREHOLDERS A MESSAGE FROM THE CEO. shareholders equity ratio and ROE both rose to over 10%.
TO OUR SHAREHOLDERS A MESSAGE FROM THE CEO During the fiscal year ended March 31, 2004, attained record-high total revenues, income before income taxes, and net income. We also made steady progress in
More informationFar more than finance
Far more than finance Do you want to expand your business? Increase your sales? Do you have any investment projects? Together, we can quicken the pace of your development... If you are a manufacturer or
More informationPresentation FOURPOINTS. July 2013
Presentation FOURPOINTS Investment Managers July 2013 2 Company Profile FOURPOINTS, the new management company created by the merger of PIM Gestion France and IT Asset Management FOURPOINTS is the result
More informationAlain Schmitt Directorate General for Enterprise October 14 th, 2014
Alain Schmitt Directorate General for Enterprise October 14 th, 2014 I. Facts and figures about innovation in France II. Startup financing III. Entrepreneurship culture and ecosystems Worldwide ranking
More informationRating Action: Moody's downgrades CDC, OSEO and AFD to Aa1, negative; outlook changed to negative on Credit Mutuel group entities
Rating Action: Moody's downgrades CDC, OSEO and AFD to Aa1, negative; outlook changed to negative on Credit Mutuel group entities Global Credit Research - 20 Nov 2012 Actions follow sovereign downgrade
More informationNatixis Asset Management announces the creation of, Mirova, a management company
Paris, 6 January 2014 Natixis Asset Management announces the creation of, Mirova, a management company 2/2 In order to accelerate the development of its responsible investment activities, Natixis Asset
More informationOrganizational Revision of SMFG and SMBC. (1) Strengthen business in emerging markets (SMBC and SMFG)
March 26, 2013 Sumitomo Mitsui Financial Group, Inc. Sumitomo Mitsui Banking Corporation Organizational Revision of SMFG and SMBC Tokyo, March 26, 2013 --- Sumitomo Mitsui Financial Group, Inc. (SMFG,
More informationCREDIT MUTUEL - CIC HOME LOAN SFH
CREDIT MUTUEL - CIC HOME LOAN SFH as at 31 December 2011 - Balance sheet - Profit and loss account - Appendices 1 COMPANY ACCOUNTS BALANCE SHEET ASSETS Notes 2011 2010 in million of Euros 31 December 31
More informationWillis makes firm offer to buy Gras Savoye at year-end 2015, to expand its fully integrated multinational offering to clients
News Release Contact: Media: Investors: Paul Platt (Willis) +44 20 3124 7659 Paul.Platt@willis.com Céline Meslier (Gras Savoye) +33 (0)1 41 3 55 02 celine.meslier@grassavoye.com Peter Poillon +1 212 915
More informationSchroders plc Bernstein Strategic Decisions Conference 1 October 2013
Schroders plc Bernstein Strategic Decisions Conference 1 October 2013 Massimo Tosato Executive Vice Chairman Schroders: a global business with AUM of over 255bn Depth and strength of investment resource:
More informationProposed friendly tie-up between Sopra and Steria to create a European leader in digital transformation
Proposed friendly tie-up between Sopra and Steria to create a European leader in digital transformation Combined revenue of 3.1bn and a group boasting over 35,000 professionals, located in 24 countries,
More informationAddress. Telephone Fax Website
Address Telephone Fax Website 27-31 avenue du Général Leclerc, 94710 Maisons-Alfort France +33(0)14179800 www.bpifrance.fr Year of creation (individual entities or association) 2012 Created by the law
More informationIndependent wealth managers. Société Générale Private Banking (Suisse) SA
Independent wealth managers Société Générale Private Banking (Suisse) SA A unique relationship tailored to your personal requirements Dedicated team Société Générale Private Banking (Suisse) SA has been
More informationSociété Générale Corporate & Investment Banking delivers a leading performance in 2005 in Euro Capital Markets, Derivatives and Structured Finance
London, 24 January 2006 Press Release delivers a leading performance in 2005 in Euro Capital Markets, Derivatives and Structured Finance has continued to deliver an excellent commercial and award-winning
More informationFrench investors searching for diversification and better risk control may overestimate benefits of passive management
Paris, May 24, 2016 French investors searching for diversification and better risk control may overestimate benefits of passive management Natixis Global Asset Management today released the results of
More informationQuarterly Indicators for the Nine Months Ended 30 September 2015. Attributable net profit for the period of 875 million, up 3.9%.
PRESS RELEASE Paris 5 November, 2015 Quarterly Indicators for the Nine Months Ended 30 September 2015 Attributable net profit for the period of 875 million, up 3.9%. CNP Assurances, the leading personal
More informationNATIXIS FACTOR AT A GLANCE 2013. Factor out worries, factor in growth WHOLESALE BANKING / INVESTMENT SOLUTIONS / SPECIALIZED FINANCIAL SERVICES
NATIXIS FACTOR AT A GLANCE 2013 Factor out worries, factor in growth WHOLESALE BANKING / INVESTMENT SOLUTIONS / SPECIALIZED FINANCIAL SERVICES Our business: For almost 30 years, Natixis Factor has been
More informationINVESTING IN EUROPEAN SME TRADE RECEIVABLES. Secure, Profitable and Socially Responsible
INVESTING IN EUROPEAN SME TRADE RECEIVABLES Secure, Profitable and Socially Responsible 1 INFORMATION TO SUPPORT YOUR DECISION TO INVEST The investing in KoalaFund is only available to professional and
More informationCrédit Agricole Asset Management Nextra: An ambitious European project in the Asset Management Industry. Press conference, Milan, January 10 th, 2006
Crédit Agricole Asset Management Nextra: An ambitious European project in the Asset Management Industry Press conference, Milan, January 10 th, 2006 Content Rationale of the deal Description of the transaction
More information30 January 1998 FOR IMMEDIATE RELEASE
Proposed acquisition of LGT Asset Management Division and Preliminary Results for the year ended ember 1997 30 January 1998 FOR IMMEDIATE RELEASE The Board of AMVESCAP PLC has entered into an agreement
More informationFRANCE GERMANY SPAIN USA CANADA SINGAPORE
Summary Track Record Introduction to Inovalis Business Model Inovalis Team 2 I N T RO D U C T I O N T O Introduction 1998 Inovalis was established in 1998 in Paris by three Associates who are still managing
More informationMANAGING RISK IN EMERGING MARKETS OUR CORE BUSINESS
MANAGING RISK IN EMERGING MARKETS OUR CORE BUSINESS Fiscal Year 2014 PROVEN TRACK RECORD 58 Years of profitable investments in emerging markets $67b $51.7b $15.3b $22.4b $17.3b $5.1b $1.5b Diversified
More informationCGGVeritas announces Q1 2007 results
CGGVeritas announces Q1 2007 results Revenues of $777 million, up 22% EBITDA margin of 44% and Operating margin of 24% Net result of $91 million, 69 million Paris, May 10th, 2007 CGGVeritas (ISIN: 0000120164
More informationPRESS RELEASE. Revenue as of March 31, 2011. Sharp growth in Bureau Veritas Q1 2011 revenue Revenue up 23% to 775 million Organic growth of 6.
1 PRESS RELEASE Neuilly-sur-Seine, France, May 4, 2011 Sharp growth in Bureau Veritas Q1 2011 revenue Revenue up 23% to 775 million Organic growth of 6.5% Frank Piedelièvre, Chairman and Chief Executive
More informationPoxel Raises 16 million in a Series A Financing to Accelerate Pipeline Development
Poxel Raises 16 million in a Series A Financing to Accelerate Pipeline Development Lyon, France, July 8, 2010 -, a diabetes drug development specialist, announces today that it has raised 16 million (USD
More informationThe Netherlands. Kyiv 12 February 2013
The Netherlands Kyiv 12 February 2013 Table of contents Table of contents Features of the Netherlands Holding structures Finance structures Trading structure What Atlas Tax Lawyers can do for you Contact
More informationCase No COMP/M.6244 - BNP PARIBAS/ FORTIS COMMERCIAL FINANCE HOLDING. REGULATION (EC) No 139/2004 MERGER PROCEDURE
EN Case No COMP/M.6244 - BNP PARIBAS/ FORTIS COMMERCIAL FINANCE HOLDING Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date:
More informationForesight Solar Fund Limited Foresight European Solar Fund Foresight US Solar Fund ForVEI Solar Bond Managed Direct Investments
Investor Centre Advisor Centre Data Room Investor Centre Foresight Group Search Home About Us Our People Chairman of Foresight Group Environmental Team Infrastructure Team Private Equity Team Sales, Marketing
More informationStrategic Consulting and M&A in the Emerging Markets
Paris Bangalore Shanghai Krakow Strategic Consulting and M&A in the Emerging Markets The EMERGENCE ALLIANCE was born to help businesses benefit from the development of emerging economies. CHINA, INDIA,CENTRAL
More informationHitting the N-Mark with NFC
WHITEPAPER Hitting the N-Mark with NFC This whitepaper is an extract from: NFC Retail Marketing & Mobile Payments Markets, Forecasts & Strategies 2011-2016... information you can do business with Hitting
More informationAdvantages of a SIIC. Valérian Conrad-Bruat Edouard Chapellier. 10 May 2006
Advantages of a SIIC Valérian Conrad-Bruat Edouard Chapellier 10 May 2006 Summary 1.Introduction 2.What is a SIIC? 3.General Tax Incentives of SIICs 4.Tax Competitive Advantage of SIICs in bid offers 1
More informationAbout Standard Chartered
About Standard Chartered Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered
More informationThis document may not be used, reproduced or sold without the authorisation of the Groupe HEC
Please send any questions on this case study to the author via the mail box on the web site www.vernimmen.com Pascal Quiry October 2010 This document may not be used, reproduced or sold without the authorisation
More informationCredit Mutuel Group Long-Term Rating Lowered To 'A' On France's Rising Banking Industry Risks; Outlook Stable
Research Update: Credit Mutuel Group Long-Term Rating Lowered To 'A' On France's Rising Banking Industry Risks; Outlook Stable Primary Credit Analyst: Francois Moneger, Paris (33) 1-4420-6688; francois.moneger@standardandpoors.com
More informationSUPPLEMENT NUMBER 1 DATED 3 OCTOBER 2008 TO THE BASE PROSPECTUS DATED 23 SEPTEMBER 2008
SUPPLEMENT NUMBER 1 DATED 3 OCTOBER 2008 TO THE BASE PROSPECTUS DATED 23 SEPTEMBER 2008 Fortis Bank NV/SA (Incorporated as a public company with limited liability (Naamloze Vennootschap/Société Anonyme)
More informationA PRACTICAL GUIDE TO VENTURE CAPITAL FUNDING FOR EARLY STAGE COMPANIES
A PRACTICAL GUIDE TO VENTURE CAPITAL FUNDING FOR EARLY STAGE COMPANIES A COURTESY GUIDE PREPARED BY SWAAB ATTORNEYS 2014 Introduction to venture capital investment Venture capital is money provided by
More information15, April 15, July 15 and October 15 of each year, commencing on April 15, 2015 and ending on, and including, January 15, 2018.
NEWS RELEASE SOUTHWESTERN ENERGY PRICES UPSIZED OFFERINGS OF 26,086,957 SHARES OF COMMON STOCK AND 30,000,000 DEPOSITARY SHARES REPRESENTING INTERESTS IN MANDATORY CONVERTIBLE PREFERRED STOCK Spring, Texas
More informationThe ReThink Group plc ( ReThink Group or the Group ) Unaudited Interim Results. Profits double as strategy delivers continued improved performance
The ReThink Group plc ( ReThink Group or the Group ) Unaudited Interim Results Profits double as strategy delivers continued improved performance The Group (AIM: RTG), one of the UK s leading recruitment
More informationRevenue increase of 21% in the first half of 2015
Press release: 2015 First Half Results Igny, August 7, 2015 First half results of 2015 Consolidated Profit & Loss (in M) Revenue increase of 21% in the first half of 2015 From January 1, 2015 to June 30,
More information3i Group plc Graduate Programme
Graduate Programme 2016 About 3i 3i is a leading international investment manager focused on mid-market Private Equity, Infrastructure and Debt Management. We invest in businesses across northern Europe
More informationStrong increase of sales and gross margin Extraordinary costs cause net loss
IMAGE RECOGNITION INTEGRATED SYSTEMS GROUP S.A. (abbreviated I.R.I.S. Group ) FINANCIAL RESULTS FISCAL YEAR 2002 Sales + 18% Gross margin + 18% EBITDA + 2.4% Net current profit before goodwill 772,049
More informationSetting up your Business in France Issues to consider
Around 20,000 foreign companies are already established, running businesses under many different legal forms. The reforms that France has pursued to improve competitiveness and the business environment
More informationMR. SPEAKER, MR. SPEAKER
MINISTERIAL STATEMENT ISSUED BY HON. KENNETH KONGA, MP MINISTER OF ENERGY AND WATER DEVELOPMENT ON BP'S DECISION TO SALE ITS SHARES IN BP (Z) LIMITED TO BE MADE IN PARLIAMENT ON THURSDAY 18 TH MARCH, 2010,
More informationParis Fund Industry Forum INVITATION
INVITATION Zurich, Wednesday 29th May 2013 Park Hyatt Hotel Share innovative solutions to face global concerns The first annual forum held in Switzerland will focus primarily on answering the needs of
More informationAltice announced it has completed the acquisition of Suddenlink
Altice announced it has completed the acquisition of Suddenlink December 21, 2015 Altice N.V. (Euronext: ATC, ATCB) today announced it has completed the acquisition of 70% of the share capital of Suddenlink
More informationGREAT-WEST LIFECO $2,052 MILLION $758 BILLION 15.0% 100% 100% 100% 100% 100% [2] 100%
GREAT-WEST LIFECO Great-West Lifeco Inc. is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management
More informationPress release. The FSP has recently chosen to invest in the capital of Zodiac Aerospace, a company with high added value in the aeronautical industry.
Press release Paris, 1 st June 2015 The Fonds Stratégique de Participations: a new long-term investment in the capital of one of the flagships of the French industrial sector The Fonds Stratégique de Participations
More informationStock Options - A Strategy to Leverage the Advantage of Strategic Acquisition
GL events A French corporation (société anonyme) governed by a Board of Directors with a capital of 63,627,344 Registered office: route d Irigny ZI Nord BP 40 69530 Brignais. 351 571 757 RCS Lyon OFFERING
More informationNotes to the consolidated financial statements continued
195 plc 4 Segmental information The Group s results can be segmented, either by activity or by geography. Our primary reporting format is on regional reporting lines, with supplementary information given
More informationfor Analysing Listed Private Equity Companies
8 Steps for Analysing Listed Private Equity Companies Important Notice This document is for information only and does not constitute a recommendation or solicitation to subscribe or purchase any products.
More informationAPRIL 2015. Economic Impact of AIM
APRIL 2015 Economic Impact of AIM Foreword AIM, which is 20 years old this year, has weathered several economic storms over the past two decades, but has remained true to its core purpose of providing
More informationThe Asset Management Working Group
Finance Initiative Innovative financing for sustainability The Asset Management Working Group What, why, who? Environmental and social issues count. Goldman Sachs Global Investment Research, February 2004.
More informationTREETOP ASSET MANAGEMENT S.A. REGULATORY INFORMATION
TREETOP ASSET MANAGEMENT S.A. REGULATORY INFORMATION THE COMPANY TREETOP ASSET MANAGEMENT S.A. LEGAL FORM TreeTop Asset Management S.A. is a limited company under Luxembourg Law with its registered office
More informationGlobal Investment Trends Survey May 2015. A study into global investment trends and saver intentions in 2015
May 2015 A study into global investment trends and saver intentions in 2015 Global highlights Schroders at a glance Schroders at a glance At Schroders, asset management is our only business and our goals
More informationGlobal conglomerate China Sonangol buys 15 million OKP Holdings shares; move prepares ground for future business collaboration
China Sonangol International (S) Pte Ltd No. 6 Tagore Drive 9 Temasek Boulevard #42-01 #B1-06 Tagore Building #42-01, Suntec Tower 2 Singapore 787623 Singapore 038989 Tel: (65) 6456 7667 Tel: (65) 6808
More informationConsolidated Financial Results for the First Two Quarters of the Fiscal Year Ending March 31, 2016 (Japan GAAP)
Consolidated Financial Results for the First Two Quarters of the Fiscal Year Ending March 31, 2016 (Japan GAAP) Name of Listed Company: Yokogawa Electric Corporation (the Company herein) Stock Exchanges
More informationMitel and Aastra Announce Plan to Merge
NEWS RELEASE Mitel and Aastra Announce Plan to Merge Combination creates a billion dollar company with a global installed base and the technology and scale to migrate those customers, and the broader market,
More informationConsolidated sales of 6,347 million euros, up 10% on a like-for-like basis (7% as reported)
14.18 Order intake surged 25% to 9.1 billion euros Sales came in at 6.3 billion euros, up 10% like for like (7% as reported) Operating margin (1) up 15% to 442 million euros, or 7.0% of sales Net income
More informationFDM Management PRESS RELEASE
FDM Management PRESS RELEASE Paris, 20 May 2016 FDM Management: 936 million in new hotel investments With the announcement of 936 million in investments, FDM Management confirms the success of the property
More informationParis, March 2, 2011. ALTEN Group
Paris, March 2, 2011 2010 Annual lresults ALTEN Group Contents ALTEN, European leader in Technology Consulting and Engineering (TCE) 2010 Annual Results Outlook 2011 2014: the market environment Paris,
More informationLeumi Luxembourg Private Banking
Leumi Luxembourg Private Banking BANK LEUMI (LUXEMBOURG) S.A. 6D Route de Treves L-2633 Senningerberg Tel: 352-346 390 Fax: 352-346 396 E-mail: bleulux@pt.lu www.bankleumi.lu LUX/E 12/2011 Expertise is
More informationRanking of the Largest European Insurance Groups 2012. Total, Life and Non-Life
Ranking of the Largest European Insurance Groups 2012 Total, Life and Non-Life November 2013 Total Ranking In an environment marked by economic problems and low interest rates, the ten largest European
More informationPress Release from Securitas AB. Securitas to list three new specialized security companies on the Stockholm Stock Exchange
Press Release from Securitas AB The Board of Securitas AB proposes: February 9, 2006 Securitas to list three new specialized security companies on the Stockholm Stock Exchange Securitas AB, a world leader
More informationManagement s Discussion and Analysis
Management s Discussion and Analysis 6 Financial Policy Sysmex regards increasing its market capitalization to maximize corporate value an important management objective and pays careful attention to stable
More informationAFD AND FINANCIAL INNOVATIONS FOR DEVELOPMENT
AFD AND FINANCIAL INNOVATIONS FOR DEVELOPMENT AFD Photo agence Solutions tailored to new challenges AFD Yves Terracol 4&5 MARS 2010 CITÉ DES SCIENCES ET DE L'INDUSTRIE PARIS - PARC DE LA VILLETTE +CONNECTING
More informationTetragon Financial Group Limited ( TFG )
Tetragon Financial Group Limited ( TFG ) 29 October, 2012 THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITY OF TFG. THIS INFORMATION
More informationGerman corporate conference Deutsche Bank
Commerzbank - the leading german commercial bank German corporate conference Deutsche Bank May 31, 2006 Dr. Eric Strutz Chief Financial Officer Excellent start in 2006 Q1 `06 vs Q1 `05 FY 2005 Operating
More informationCHINESE AND EUROPEAN CAPITAL MARKETS NEXT STEPS TOWARDS GLOBALISATION
Hong Kong Financial Forum co-organized with CHINESE AND EUROPEAN CAPITAL MARKETS NEXT STEPS TOWARDS GLOBALISATION Hong Kong September 24 2007 JW MARRIOTT HOTEL Paris EUROPLACE is the organization whose
More informationMakita Corporation. Consolidated Financial Results for the nine months ended December 31, 2007 (U.S. GAAP Financial Information)
Makita Corporation Consolidated Financial Results for the nine months ended (U.S. GAAP Financial Information) (English translation of "ZAIMU/GYOSEKI NO GAIKYO" originally issued in Japanese language) CONSOLIDATED
More informationSpear Alliance: Company Overview
Spear Alliance Spear Alliance: Company Overview OUR STRATEGIES, YOUR SOLUTIONS Why we Exist? We exist to help leaders building the productive business through strategic and sustainable approach 2 Company
More information