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August Debouzy advises Argos Wityu on the acquisition of a majority stake in Hexvia group, one of the European leaders in the moving services market
Communiqué Private Equity | 17/03/25 | 2 min. | Julien Aucomte Maxime Legourd Albane Shehabi Renaud Christol Paul Vialard Alexandra Berg-Moussa Pierre Pérot Inès Bouzayen Camille Abba Florence Chafiol Alexandra Antalis Virginie Devos Boris Léone-Robin Coralie Vodarzac Antonia Raccat Catherine Mintégui Marie Danis Thomas Arnold Vincent Brenot Guillaume Potin
August Debouzy advised Argos Wityu on the acquisition from Siparex, BPM Group and other minority financial investors of a majority stake in Hexvia group, a leading French player in the moving services market, alongside Bpifrance.
This transaction represents the second investment in France by Argos Climate Action, Argos Wityu’s environmental buy-out fund (Article 9 SFDR), and the fourth 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.
Hexvia group, which generated 116 million in revenue in 2024, is actively advancing its environmental transition. The company is focusing on deploying the use of second-generation biofuels in its fleet (for more than 2.5 million km in 2024) and developing circular economy initiatives.
As part of this transaction, the group’s management and employees will remain minority shareholders and reinvest alongside Argos Wityu and Bpifrance.
The transaction remains subject to the usual approval by the French competition authorities and should be finalized in the coming weeks.
Hexvia group, through its flagship brand Demeco, is a French market leader in moving services for the residential, commercial and industrial segments, thanks to a network of around 120 agencies and 1,100 employees.
August Debouzy team included Julien Aucomte (partner), Maxime Legourd (senior associate), and Albane Shehabi (associate) for the corporate aspects; Renaud Christol (partner) and Paul Vialard (associate) for the antitrust aspects; Alexandre Berg-Moussa (partner) and Paul Vialard (associate) for the contractual matters; Pierre Pérot (counsel), Inès Bouzayen (senior associate) and Camille Abba (associate) for the intellectual property aspects; Florence Chafiol (partner) and Alexandra Antalis (associate) for the IT and Data Protection aspects; Virginie Devos (partner), Boris Léone-Robin (counsel) and Coralie Vodarzac (associate) for the employment law aspects; Antonia Raccat (partner) and Catherine Mintegui (counsel) for the financing and real estate aspects; Marie Danis (partner) and Thomas Arnold (associate) for the litigation aspects and Vincent Brenot (partner) et Guillaume Potin (senior associate) for the regulatory and public law aspects.