Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
3 September 2012
03 September 2012: Gide advises OpenGate Capital on the acquisition of Zodiac Recreational from Zodiac Marine & Pool
OpenGate Capital has announced that it has signed an agreement to acquire Zodiac Recreational from Zodiac Marine & Pool, a portfolio company of The Carlyle Group. The acquisition is subject to customary conditions precedent.
Zodiac Marine & Pool is divesting Zodiac Recreational as part of an on-going strategy to refine and refocus on its activities in the military, professional and clean water industries.
Zodiac Recreational is the world's leader in the design, manufacturing and distribution of inflatable and rigid inflatable boats. The first inflatable boat was invented by Zodiac in the mid-1930s. Zodiac is now the leading brand and one of the most recognised business in the nautical industry, with an extensive range of products.
Legal counsel to OpenGate Capital:
Gide Loyrette Nouel: the team was headed by Guillaume Jolly (tax) and Edgard Nguyen (M&A) and comprised Erwan Ogier (M&A), Isabelle Gille and Elise Malot (intellectual property), Flavia Poujade (real estate) and Dimitri Dimitrov, Alexandre Glatz and Marjorie Dudon (competition law).
Legal counsel to Zodiac Marine & Pool:
Salans: the team comprised Pascal Chadenet, Tristan de la Rivière and Seth Engel (M&A), Isabelle Leroux and Adeline Golvet (intellectual property), and Julien Chabanat (real estate).
Financial counsel to Zodiac Marine & Pool:
Rothschild: the team comprised Pierpaolo Carpinelli, Benoit Perrin d'Arloz and Vincent Meziere.
