7 January 2013
7 January 2013: Gide, counsel to Groupe Chatel on opening its capital to Viveris Management
Gide Loyrette Nouel has advised Groupe Chatel, a Reunion Island family group established in 1907 and a major player on the spirits market in Reunion Island, on the opening of its capital to Viveris Management, an asset management company authorised by the French Financial Markets Authority (AMF) based in Marseille and that also runs an office in Reunion Island. This would be the first investment of its RUN Croissance fund, which was created in June 2012 and is dedicated to financing the development of mature Reunion companies via internal growth or acquisitions.
With this financing, Groupe Chatel hopes to strengthen its leader's position on the spirits market in Reunion Island and in exports via structuring acquisition operations.
Groupe Chatel raised these funds via a bank debt provided by the Banque Française Commerciale de l'Océan Indien and via a participatory development contract provided by Oséo.
Legal counsel to Groupe Chatel:
Gide Loyrette Nouel (Renaud Rossa, partner, and Sophie Andribet and Arnaud Bernard, associates)
Investors:
Viveris Managment (Isabelle Poulet, Gilbert Martin and Frédérique Praca)
Investment banker/Legal counsel to Groupe Chatel:
Goetzpartners Corporate Finance (Anne Hiebler and Romain Payet)