IFLR1000

Elis Group Euronext Paris IPO

11/2/2015
IPO
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€ 1.48 billion

$ 1.595 billion

Completed

11/2/2015

Overview:

  • Eurazeo, the owner of French industrial laundry company the Elis Group, successfully launched an IPO for the company on to the regulated Euronext Paris exchange. 
  • The final price for the offering was set at the bottom of the initial range, with a share value of €13. 
  • The company raised €700 million, setting the market capitalisation at €1.48 billion. 
  • BNP Paribas, Deutsche Bank and Goldman Sachs acted as global coordinators and joint bookrunners, Credit Agricole Corporate and Investment Bank, HSBC, Morgan Stanley and Societe Generale Corporate & Investment Banking also acted as joint bookrunners. 

John Crabb - Journalist

Jurisdiction:

France

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

France

Industry sector:

Industrials and manufacturing

Firms:
Mayer Brown

Party: Eurazeo (Shareholder)

Lawyers: Guillaume Kuperfils, Jean-Philippe Lambert, Olivier Aubouin, Patrick Teboul

White & Case

Party: BNP Paribas (Global coordinator, Bookrunner)

Party: Deutsche Bank (Global coordinator, Bookrunner)

Party: Goldman Sachs (Global coordinator, Bookrunner)

Party: Crédit Agricole Corporate and Investment Bank (Bookrunner)

Party: HSBC (Bookrunner)

Party: Morgan Stanley (Bookrunner)

Party: Société Générale (Bookrunner)

Lawyers: Alexandre Ippolito, Denise Diallo, Max Turner, Samir Berlat, Séverin Robillard, Thomas Le Vert

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