Paris, 13 November 2024 - ADVANT Altana advised the family-owned Anett Group on its merger with Kalhyge.
Paris, 13 November 2024 - ADVANT Altana advised the family-owned Anett Group on its merger with Kalhyge.
The deal, which received unconditional approval from the French Competition Authority in August and was finalised on 1 October, marks a major step in Anett's development and strengthens its position in the professional linen rental and hygiene products distribution sector.
The new entity now employs more than 4,000 people and has full national coverage, enabling it to consolidate its position as number two in the sector.
ADVANT Altana advised Anett on this transaction with a team led by Mathieu Rambaud (Corporate/M&A) and Frédéric Manin, assisted by Lucie Giret and Delphine Laget on competition law and commercial contract. Bruno Nogueiro, partner, and Olivier Carmès (corporate), Cécile Ferouelle, partner, and Manon Lefebvre (town planning and public law), Amélie Pinçon, partner, and Alexandre Majbruch (commercial leases/real estate) were also involved in the due diligence.
Other legal advisers:
Seller - Gibson Dunn & Crutcher (M&A); PJM (Thibault Reymond and Rodolphe Harasymczuk) (competition)
Buyer - finance and tax lawyers: Squair
Vendors - Finance lawyers: Herbert Smith LLP
