OFI InfraVia, through its fund, Infravia FCPR and Caisse des Dépôts et Consignations, Investment Arm acquired stake in Adtim from Eiffage SA, AXIONE SAS and ETDE S.A.
January 02, 2013 at 11:00 pm EST
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OFI InfraVia, through its fund, Infravia FCPR acquired 55% stake in Adtim from Eiffage SA (ENXTPA:FGR), AXIONE SAS and ETDE S.A. in 2012. OFI InfraVia acquired 55% stake. The partial leveraged recapitalization was ensured by a senior bank financing put at the disposal of ADTIM by Caisse Régionale de Crédit Agricole Mutuel Sud Rhône Alpes and an innovative mezzanine bond financing subscribed by OFI InfraVia and Caisse des dépôts et consignations. François April, Aymeric Voisin, Justin Faye, Ghalia Mokhtari, Gabriel Glover-Bondeau, Paul Lignières, Fanny Mahler, Thomas Perrot, Jonathan Abensour, Grégroire Karila, Charles Tissier and Lamia Benzine of Linklaters LLP acted as legal advisor for Caisse Régionale de Crédit Agricole Mutuel Sud Rhône Alpes and Crédit Agricole Corporate & Investment Bank. Amir Jahanguiri, Driss Bererhi, Darko Adamovic, Iris Géniès, Emilie Patoux, Thierry Laloum, Annette Péronc, Olivier Lopez, Delphin Boucher and Liza Scemama of Willkie Farr & Gallagher LLP acted as legal advisor for Adtim, OFI InfraVia, Caisse des dépôts et consignations, ETDE and AXIONE.
OFI InfraVia, through its fund, Infravia FCPR completed the acquisition of 55% stake in Adtim from Eiffage SA (ENXTPA:FGR), AXIONE SAS and ETDE S.A. in 2012.
Eiffage S.A. is the No. 5 European group of building and civil engineering works and concessions. Net sales break down by activity as follows:
- construction and maintenance of transportation and civil engineering infrastructures (37.3%): roads, motorways, bridges, railways, etc. The group also produces and markets granulates, coatings, and binders;
- design, execution, and maintenance of electrical, climate-control, and mechanical engineering facilities (26.3%);
- building construction and renovation (18.9%): residences, offices, shopping centers, parking lots, stadiums, prisons, hospitals, etc. Eiffage S.A. also develops and sells real estate;
- construction and concession management of infrastructures and works of art (17.4%);
- other (0.1%).
Net sales are distributed geographically as follows: France (73.3%), Europe (24.6%) and other (2.1%).
OFI InfraVia, through its fund, Infravia FCPR and Caisse des Dépôts et Consignations, Investment Arm acquired stake in Adtim from Eiffage SA, AXIONE SAS and ETDE S.A.