News

- 04/09/2009 - Prodene Klint

Shareholders in Laboratoires Prodene Klint stage OBO with Azulis Capital. The Group is currently the leader in the French market for B2B cosmetics and hygiene, a dynamic industry that is meeting growing demand from institutions, business and individuals for hygiene products.

- 04/03/2009 - Galedo Rossignol

Azulis Capital finalises capital replacement deal with Finag, forging close alliance with its management team.
The Finag group has been built around three activities: design and distribution of bathroom accessories by Galedo, wholesaling flat kitchen furniture kits, by Bois Secs de Bourgogne (BSB), manufacture and distribution of metal and plastic bathroom and sanitary fittings, by Rossignol SA.
The group works in close collaboration with all France's players in DIY superstore retailing, and has enjoyed steady growth thanks to its product know-how and very broad range of solutions.

- 03/09/2009 - Banexi Capital Partenaires becomes AZULIS CAPITAL

The Team at Banexi Capital Partenaires, which has just raised its stake in the management company to 100%, has decided to change the company's name.
Banexi Capital Partenaires now becomes AZULIS CAPITAL.

Archives

- 03/02/2009 - Martine Spécialités

Azulis Capital (formerly Banexi Capital Partenaires), in conjunction with Céréa Gestion, organises the takeover of the Martine Specialites Group, a dynamic player in the frozen patisserie sector.
Azulis Capital, Céréa Capital and the management intend to continue and accelerate the firm's growth in France and abroad.

- 02/26/2009 - Cleor

The Cleor Group, specialising in retail jewelry outlets, has raised new fund which was entirely subscribed by his current financial partners.
This latest fund raiser will enable the Cleor Group to strengthen its financial structure and provide it with the resources needed to maintain its sustained pace of development.

- 12/01/2008 - ADIE

ADIE, sponsored by Azulis Capital(formerly Banexi Capital Partenaires), will celebrate its 20th anniversary evening at the Théâtre du Trianon to honour the company founders that showed their confidence in the association by financing its project.

- 11/27/2008 - AgroFinance symposium

Azulis Capital (formerly Banexi Capital Partenaires), is to take part in the 8th AgroFinance symposium, to be held at the Palais du Luxembourg in Paris. Michel Rowan, Managing Partner at Azulis Capital, will give the closing address on 'The new face of finance and sector structure'.

- 11/12/2008 - ADIE

The 2008 Elan d'Idées competition organised by the Adie, a French association promoting business initiatives and supported by Azulis Capital(formerly Banexi Capital Partenaires), is to be held on November 12 when this year's five winners will be announced. For more information please see 'Partnership'.

- 11/04/2008 - Paprec

Following an initial capital replacement deal carried out in July 2008, Azulis Capital (formerly Banexi Capital Partenaires), has sold its entire stake in the recycling specialist, Paprec, which has grown significantly over the last three years and extensively diversified its business.

- 11/03/2008 - Azulis Capital (formerly Banexi Capital Partenaires) : new offices

As of 3 November 2008, the team Azulis Capital (formerly Banexi Capital Partenaires) will welcome you into its new offices at 21 boulevard de la Madeleine, 75001 Paris.

- 09/30/2008 - Pisto

Azulis Capital(formerly Banexi Capital Partenaires), Bridgepoint Capital and BNP Paribas Developpement have devested their stake in French service company Pisto in a trade sale to Australian infrastructures/services giant Macquarie group.

- 09/22/2008 - Thermes Adour

Since Azulis Capital's entry (formerly Banexi Capital Partenaires) in Q3 2006, Thermes Adour, leading French player in thermal baths, has been successfully rolling-out its Calicéo spa centre concept. Following Dax and Toulouse, the group has opened two new centres in Pau and Perpignan, and is now planning to add two more in Lyon and Nantes.

- 06/04/2008 - Paprec

The French recycler, Paprec announces that Financière Agache (Arnault group) has taken a 38% equity stake in the company on the occasion of a capital increase and a stock purchase from prior investors. The transaction amounted to euro 100 million. This has provided partial liquidity for MMF III, managed by Azulis Capital (formerly Banexi Capital Partenaires). As a result, the Paprec group is tackling a new stage in its development endowed with the financial capacity to deploy an active external growth programme. Since the buyout arranged by Azulis Capital in April 2006, the group's business has grown some 45%.

- 05/28/2008 - Orapi

Orapi, a manufacturer and distributor of maintenance and hygiene products (listed on Eurolist C), announces its takeover of one of its competitors, Chimiotechnic. The deal marks a major step in Orapi's dynamic external growth strategy. In 2007, the group acquired Gramos Applied UK and DACD.

- 02/15/2008 - Mäder

At the end of a year busy with acquisitions, the Mäder group, a specialist manufacturer of industrial paints, faces 2008 with confidence. No less than five take-overs were carried out over the last 12-months, enabling the group to reach sales of euro 175 million and becoming the world leader in painting applications for railroad industry and automobile plastics.

- 01/21/2008 - Brunet

Electrical services supplier Brunet, acquired at the end of 2006 via an OBO deal led by Azulis Capital(formerly Banexi Capital Partenaires), announces it's take-over of Bataille in Normandy. The deal marks the group's largest acquisition since its foundation and will boost sales by euro 10 million.

- 12/14/2007 - HBP

Azulis Capital (formerly Banexi Capital Partenaires) takes part, within the framework of an Owner Buy-Out, in a capital replacement deal with HBP. HBP Associés is one of the leading independent French suppliers of professional telephone systems and network cabling solutions, and the main player in the national grouping, Alliance.Com.

- 12/07/2007 - Saveur

The Saveur Group, controlled by private equity funds managed by Azulis Capital(formerly Banexi Capital Partenaires) and Céréa Gestion, purchases Alsace-based Nutrinal, a specialist producer of food additives.

- 11/27/2007 - Médic Invest

MMF III takes a minority stake in the Medic Invest group, which runs 20 retirement homes (close to 1000 beds) throughout France.

- 09/25/2007 - Saveur

Azulis Capital (formerly Banexi Capital Partenaires), in conjunction with Céréa Gestion, organises the takeover of the Saveur Group with the support of its founder, Eric Terré.
Based in Bréal-sous-Montfort in northwest France since 1988, the Saveur group specialises in the formulation of culinary ingredients intended mainly for the food industry.
Saveur is the market leader in France, with very strong positions in Belgium and Germany.
With the support of Azulis Capital and Céréa Gestion, Eric Terré and his management team aim to accelerate the group's development both in France and internationally, mainly through external growth transactions.

- 07/24/2007 - France Géothermie

Organising an Owner Buy-Out, Azulis Capital (formerly Banexi Capital Partenaires), takes a major stake in France Géothermie, specialised in the design, assembly, marketing and sale of heat pumps intended mainly for private homes.
Developing in the expanding market for renewable energy, the France Géothermie group, founded and run by Jean-Paul Cammarano, has become one of the leaders on the French market for heat and air source pumps in just a decade.
Jean-Paul Cammarano aims to accelerate France Géothermie's development in new homes and also on the renovation market with regular launches of innovative products while continuing to roll out its dealer network.

- 06/25/2007 - Médipole Sud Santé

MMF III, a private equity fund managed by Azulis Capital(formerly Banexi Capital Partenaires), takes a stake in Médipole Sud Santé in the course of a capital expansion deal.
Médipole Sud Santé is the owner-operator of the leading hub of private clinics in all the Medicine, Surgery and Obstetrics (MSO) healthcare segments in Aude and the Perpignan region in the South of France. It has particularly strong skills in urological, orthopaedic and cardio-vascular surgery.
The group's ambition is to build an unchallengeable position as a healthcare operator across the affluent South of France.

- 01/29/2007 - Lampe Berger

Azulis Capital(formerly Banexi Capital Partenaires), acting through the FCPR MMF III, has taken control of the Lampe Berger group, together with CIC Finances and M3 Investissements.
Founded in 1898, Lampe Berger has built itself into a world leader in ambient perfumes and interior decoration.
The managers who organised the group's first MBO in 1996 are seizing this opportunity to retire from their operational role, but seek to participate in the buy-out while retaining a minority stake.
Philippe Lentz, who joined the group in October 2004, takes over the reins from the outgoing managers to become CEO of the Berger Group.
Hervé Lesieur, ex-CEO of Décléor, becomes Chairman of the Group's Supervisory Board.

- 01/15/2007 - Cleor

Cleor welcomes MMF III, which is managed by Azulis Capital(formerly Banexi Capital Partenaires), taking a minority stake in its capital.
Founded in 1997 and led by Gilles Bennejean and Pierrick Chatron-Michaud, Cleor is a jewellery store chain with 35 outlets.
Cleor has developed the specialist know-how to drive its expansion both by rolling out more outlets and through the acquisition of competitors. It successfully took over some 20 Goldy stores in 2003. Strengthened by this experience, Cleor plans to open or buy ten stores a year through to 2009 and expand its territorial coverage.