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Aramis advises the SNPE group in connection with the share capital increase made by Eurenco in an aggregate amount of 93 Million Euros

26 December 2012
SNPE has completed the recapitalization of Eurenco via cash contribution and contribution in kind of real estate assets (industrial site grounds) in an aggregate amount of 93 Million Euros. These transactions were completed on 26 December 2012 following the holding of the extraordinary shareholders’ meeting of Eurenco which passed the relevant shareholder resolutions, and the obtaining of the required administrative approval of SNPE’s investment. These transactions were designed to enable the rationalization by Eurenco of its activities and the creation of a new generation production facility on the French site of Sorgues. Alexis Chahid-Nouraï (partner) and Saya Reshef (associate) of Aramis assisted the SNPE group on the corporate issues and aspects of this matter.

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