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BLH, a long-standing player in Grasse’s fragrances and flavours industry, will benefit from the AZELIS group’s strategic, industrial and commercial resources. PAULHAN&ASSOCIES advised BLH’s shareholders in this transaction, in collaboration with PAUL HASTINGS, the law firm representing the AZELIS group.

In particular, PAULHAN & Associés discussed the new measures taken in France to encourage work from home and support part time unemployment allowances allocated to both employees and companies (under certain conditions).

BIZAO offers a new mobile phone payment solution connecting operators and traders on the African continent. Paulhan & Associés in partnership with BD Avocates accompanied BIZAO in this operation.

HELVETIAN EYE CENTER, creator of new generation ophthalmological centers, has opened its latest center close to Lyon (Valence). P&A assisted HELVETIAN EYE CENTER in this project.

Group Finadorm, the French leader of nurseries’ fitting and furnishing, in particular through Mathou, supplies 15.000 clients and employs 650 people. By the acquisition of Loxos which supplies the equipment of 5.000 nurseries and 500 hospitals in France and abroad, Group Finadorm broadens its offer to the medical sector through nurseries and hospitals. Paulhan &…

EXTENDAM (M€ 700 assets under management) and AMC INVESTISSEMENTS (specialized in hotel management) formed a partnership to invest into the acquisition of two hotels located at Pertuis in Provence (France), operated under ACCOR franchise. P&A advised in the creation of the joint venture and subsequently in the acquisition of the targets.

PRIPLAK, leader in thin gauge polypropylene sheets, is sold by ARJOWIGGINS to its managers via a MBO. This transaction was supervised by the Commercial Court because ARJOWIGGINS was subject of an insolvency procedure in France and in UK. P&A was in charge of the legal aspects of the MBO and of the transaction.

PAULHAN & Associés has advised the CAISSE DES DEPOTS in the frame of a fund raising intended to finance alongside GeoPost Urban Logistics, GNVERT (subsidiary of the Engie group) and Groupement Les Mousquetaires, the development of the Urby model by the Grenoble company EVOL. Urby is a global urban logistics system based on the pooling…

SHDL (joint venture of several family offices) sells two hotels located South-East of France (Manosque), operated under ACCOR franchise. P&A advised the seller.