Eight Advisory supports Groupe CTA in opening its capital to Garibaldi Participations and BNP Paribas Développement
Eight Advisory has assisted Groupe CTA, a leader in industrial cooling and heating applications, in opening its capital to Garibaldi Participations and BNP Paribas Développement. However, the existing shareholders of the CTA Group remain strongly committed and hold the majority of the capital.
With this transaction, Garibaldi Participations and BNP Paribas Développement will together acquire approximately 20% of the capital of the CTA Group. More precisely, Garibaldi Participations now holds more than 12% of the capital, while the remainder is held by BNP Paribas Développement. The existing shareholders of the CTA Group retain the majority of the shares with more than 80% of the capital.
“With this capital restructuring, CTA Group has not only strengthened itself for accelerated growth, but also solidified its dominant position in the industrial refrigeration equipment market. We at Eight Advisory are proud to have accompanied such a transition to innovation and excellence.” – Christophe Delas, Partner at Eight Advisory.
Eight Advisory contributed to this transaction:
– Financial Due Diligence: Christophe Delas, Maxime Goerens and Thomas Christophe
