The Le Floch Group is accelerating its development by opening its capital to the DEMETER fund along with OUEST CROISSANCE and CM-CIC Capital Privé.
The Le Floch Group is specialized in depollution and site remediation (engineering, sites’ management, treatment, removal or recycling of pollutants) and difficult to access works (maintenance of dams, wastewater treatment plants, wind turbines...). It reached in 2007 an annual revenue of € 41M and is experiencing a sustained high growth since its creation in 1998, as well by the acquisition of companies or by its geographical coverage, as by the
increase in number of its markets in relation with the accumulation of solid references such as the depollution of the Erika vessel or by the site remediation of the AZF plant.
The operation led by DEMETER PARTNERS, aims at giving to the management the means of continuing its growth (external or organic growth), particularly on export (Middle East, Africa and Eastern Europe) where the needs are great.
The investment amounts to € 10M. Demeter will also bring its sectoral expertise and the possible synergies with other portfolio companies, as well as the local support of OUEST CROISSANCE.
DEMETER PARTNERS (Michel Ronc, Lionel Cormier, Jean-Charles Scatena), OUEST CROISSANCE (Didier Chaboche), CM-CIC Capital Privé (Jean-Philippe Reboul, François Lory).
Legal Advisors : Brunswick & Associés (Philippe Brunswick, Alexandra Pottier) ;
Financiers : Deloitte (Didier Alain-Dupré, Thomas Roimier) ;
Insurances : ACP (Eric Rémus).
Company’s Advisors: Avoxa (Guillaume Faucon).
Contact: DEMETER PARTNERS: Lionel Cormier +33 (0) 1 43 12 53 41
