Duteil Avocats advised Crédit Mutuel Equity SCR in relation with the capital reorganisation of NGE - LBO

Duteil Avocats (David Merlet) advised Crédit Mutuel Equity SCR in relation with the capital reorganisation of NGE.

In relation with the capital reorganisation of NGE, the investment fund Montefiore acquired 28% of NGE, the fourth largest construction group in the French market.

This acquisition coincides with the departure of Crédit Mutuel Equity SCR, which previously held nearly 20% of the capital. This change in NGE’s shareholding also results in an increase in employee participation.

This transaction will enable NGE to accelerate its development, seize new growth opportunities and strengthen its commitment to social and environmental issues. With 14,500 employees and sales of €2.4 billion, NGE expects to earn an additional €1 billion in revenue by 2025.

LBO