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The executive team of Safic-Alcan, together with existing private equity partners EMZ Partners, Sagard and Société Générale Capital Partenaires, announced a new transaction bringing in new investors Equistone, IK Partners and GENEO Capital Entrepreneur. Safic-Alcan will continue to be majority-owned by its management and employees.
Apax signed an agreement to acquire a majority stake in CEME Group, a French electrical and HVAC engineering and maintenance company, alongside Société Générale Capital Partenaires and BNP Paribas Développement.