EMN acquires Azur Net Poitou and Charente Services Propreté
Date: May 2017
Operation: 2 Acquisitions: Azur Net Poitou andCharente Service Propreté
Turnover: €23m
Sector(s): Services and Distribution
Activity: Cleaning services
EMN Group, industrial cleaning services specialist in Brittany, the Pays de la Loire and the Parisian Region (Turnover = 25m€ in 2017) has acquired AZURNET POITOU and CHARENTE SERVICES PROPRETE (Turnover=5.3m€ with 250 employees) from the family-owned Bondu Group.
Johann Moulin, the director of EMN, achieves expansion principally through new acquisitions.
Audacia is funding the capital, Crédit Agricole, BPO, LCL et la BPI are providing debt arrangements.
In addition to these transactions, Linkers also assisted EMN Group in two acquisitions which took place in 2005.
Buy-side Advisor: LINKERS (Philippe Laurent, Florent Coudray).