Sidep

Sale of SIDEP, manufacturer of security equipment (turnover: €15 million) Advisor to seller Deal: TwinL Legal: advisor to seller Gide Loyrette Nouel Advisor to buyer: Legal: Freshfields Bruckhaus Deringer What Jean-Marc BOUTONNET-TRANIER, CEO of SIDEP, has to say: METHOD “In this type of transaction, it is impossible to be both judge and jury. That is why it is beneficial to use a consulting firm such as TwinL. Its expertise in negotiations reassured and secured the shareholders. TwinL enabled a fair valuation of the subsidiaries in relation to each other.” EFFICIENCY “The sale of an international group inevitably involves its subsidiaries, which can quickly make the operation complex. TwinL's international expertise was crucial in taking a step back and leading discussions between shareholders and the buyer. Meetings were held regularly with European and Asian management in order to make concrete progress.”