A long-term commitment
Already an established partner of the electrical and climate control group CEME, Societe Generale was able to provide them with a full and wide-ranging service at a key point in their history – the reorganisation of their ownership structure – thanks to the strong synergies between its different business lines. Societe Generale Mid Cap Investment Banking, the Group’s investment bank for small and medium-sized businesses, advised CEME’s managers and minority shareholders on the sale of their shares.
Then Societe Generale Capital Partenaires, the Group’s private equity structure which takes minority interests using the Group’s capital, became a shareholder of CEME by investing €1.1 million, thereby considerably deepening the relationship between the bank and their long-standing client. Finally, the Societe Generale retail banking network in France also strengthened its ties with CEME by co-arranging a loan of €15 million as part of this operation.
€1.1 million invested by Societe Generale Capital Partenaires, Societe Generale's private equity structure, in CEME Group, one of the bank's long-standing clients.