13 July 2017
Deals | France | M&A
Gide has advised Groupement Les Mousquetaires, alongside law firm Jean-Claude Coulon & Associés, on its project to combine Bricorama SA (operating under brand name Bricorama) and ITM Équipement de la Maison (operating under brand names Bricomarché and Brico Cash), with a view to the acquisition, by the subsidiary of Groupement Les Mousquetaires, of the French (Bricorama SAS and subsidiaries) and Spanish activities of Bricorama SA, as well as its Asian sourcing office.
With Bricorama group’s 164 outlets and the 505 Bricomarché and Brico Cash outlets, this strategic combination would create the third largest DIY company in France.
The Gide team comprised partners Hugues Scalbert and Antoine Tézenas du Montcel, with associate Elise Bernard, on corporate aspects; partner Antoine Choffel, with counsel Franck Audran, on competition aspects; partner Nicolas Planchot, with associate Marie Pastier, on real estate aspects; partner Laurent Modave on tax aspects.