Jeantet

Don’t close, sell Closures of French industrial sites regularly make the news, across all sectors. To mention just a few of the most emblematic ones: Bridgestone’s Béthune site (tires, 2021, almost 900 employees), Whirlpool’s Amiens factory (tumble driers, 2017, around 280 employees), and last but not least, Arcelor Mittal’s Florange factory (steel, 2012, around 630 employees), which served as namesake to a French law obliging groups wanting to close a production site to search a buyer in order to sell the site (Law Nr. 2014-384 of 29 March 2014, “loi Florange”)...

Law.com International November 30, 2022 By Anne Bagamery, Coorespondent, Paris Jeantet has recruited a 14-person team, including three partners, from a rival French firm to create a new multidisciplinary department dedicated to energy transition and sustainable development. The move is part of a growth strategy for Jeantet, an elite firm with headquarters in Paris and offices around the world. It is also in line with what many firms in Europe have done to attract business as more countries, and companies, grapple with environmental concerns and energy transition...

Paris, May 17, 2023, Jeantet has advised Turenne, an independent private equity firm, on an owner by out (OBO) in the capital of Vitalis, the family-owned group based in the north of France and the number one independent packer and trader of potatoes and fresh seasonings. The family-owned Vitalis Group, with revenues estimated at €150 million in 2022, is opening up its capital for the first time to a consortium of funds managed by Turenne and Crédit Agricole, injecting some €20 million in equity, CBs and revival bonds...

Paris, on May 17, 2023, Jeantet advised the shareholder of SICAT, a manufacturer of beta silicon carbide and carbon catalyst supports, in the acquisition of a 50.1% stake in its share capital by Saint- Gobain NORPRO, a business unit of Saint-Gobain Ceramics. SICAT manufactures highly technical catalyst support products with unique chemical, thermal and mechanical properties. SICAT products are uniquely suited for harsh conditions often found in catalyst applications connected to energy, biomass conversion and chemicals synthesis...