October 2017

GROWTH CAPITAL – Duteil Avocats (David Merlet and Charlotte Bergeon) advised CM-CIC Investissement SCR in relation with a minority investment in Labellemontagne group.

Labellemontagne is a family business founded in the Vosges region in 1961. It has been led by Jean-Yves Remy since 1989, and has become one of France’s leading independent companies in the development, management and improvement of medium-sized ski resorts.

This latest funding round enabled the Remy family to maintain its majority ownership and welcome CM-CIC Investissement SCR as a major new minority financial investor, alongside Caisse d’Épargne Rhône-Alpes Entreprises, Rhône-Alpes PME Gestion and Institut Lorrain de Participation – all of which increased their stakes – as well as Bpifrance’s France Investissement Tourisme fund.