Paris, 20 April 2016
Scotto & Associés has advised the Manni family, historic family shareholders of the Mecaplast Group, during an LBO by Equistone, which has acquired a 75% stake from existing shareholders and BPI France, which retains a capital share.
An international automotive equipment manufacturer with a specialism in plastics, Mecaplast is a booming group that is aiming to achieve turnover of €1 billion by 2018 through internal and external growth. It employs 6,000 people worldwide across 18 countries.
The firm's team was formed of Lionel Scotto le Massese, partner, and Franck Vacher from corporate team, as well as Jérôme Commerçon, partner, and Loïc Muller for the tax aspects.
Other advisers on the transaction:
King & Wood Mallesons advised Equistone
Bichot & Associés also advised the family shareholders