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August Debouzy advises Argos Wityu on the acquisition of Groupe Routin, a French producer of premium syrups and ingredients for creative beverages
Article M&A | 03/09/24 | 3 min. | Julien Aucomte Maxime Legourd François Richard Sophie Faulcon Juliette Vachet Renaud Christol Maëva Ammel Alexandra Berg-Moussa Aurélien Micheli Pierre Pérot Virginie Devos Boris Léone-Robin Alexandre Dumortier Malvina Dahan Alix Kianpour Antonia Raccat Catherine Mintégui Marie Danis Marie Edelstenne Vincent Brenot Charles Maurel
August Debouzy is pleased to announce that it has advised Argos Wityu on the acquisition of a majority stake in Groupe Routin, a leading French producer of premium syrups and ingredients for creative beverages. This transaction represents the first investment in France by Argos Climate Action, Argos Wityu’s environmental buy-out fund (Article 9 SFDR), and the second investment by the fund in Europe.
The goal of Argos Climate Action is to create sustainable development leaders in Europe by reducing the carbon emission intensity of its portfolio companies by at least 7.5% per year. As part of this transaction, Crédit Mutuel Equity, UI Investissement, as well as the company’s management and employees, will remain minority shareholders and reinvest alongside Argos Wityu.
Groupe Routin, with over 240 employees and more than €115 million in revenue in 2023, is actively advancing its environmental transition. The company is focusing on reducing carbon emissions, conserving water, and increasing the use of natural ingredients in its products.
The August Debouzy team that advised Argos Wityu on this transaction included:
- Corporate: Julien Aucomte (partner), Maxime Legourd (senior associate), François Richard (senior associate), Sophie Faulcon (associate), Juliette Vachet (associate)
- Competition Law: Renaud Christol (partner) and Maëva Ammel (associate)
- Contractual Matters: Alexandra Berg-Moussa (partner) and Aurélien Micheli (senior associate)
- Intellectual Property: Pierre Pérot (senior associate)
- IT and Data Protection: Florence Chafiol (partner) and Alexandra Antalis (associate)
- Employment Law: Virginie Devos (partner), Boris Léone-Robin (counsel), and Alexandre Dumortier (senior associate)
- Real Estate: Malvina Dahan (senior associate) and Alix Kianpour (associate)
- Financing: Antonia Raccat (partner) and Catherine Mintegui (senior associate)
- Litigation: Marie Danis (partner) and Marie Edelstenne (associate)
- Regulatory and Public Law: Vincent Brenot (partner) and Charles Maurel (associate)
This transaction highlights Argos Wityu and Groupe Routin's commitment to sustainable development while reinforcing their leadership in the market.