29 November 2018
Intermediate Capital Group (“ICG”), a British specialist asset manager, entered into exclusive negotiations with PAI Partners in the sale of StellaGroup (“Stella”), a leading French manufacturer of doors, shutters, fences and gates for residential and industrial buildings. StellaGroup operates five plants located in France, serving over 10,000 customers.
Latham & Watkins advised ICG in the transaction with a team led from Paris by corporate partners Thomas Forschbach and Denis Criton, with associates Emmanuel Enrici, Marine Bazé and Ketzia Chetrite. Advice was also provided on finance matters by partner Michel Houdayer with associate Aurélien Lorenzi; on tax matters by partner Xavier Renard, partner with associate Thomas Claudel; on competition law matters by partner Frédéric Pradelles; and on employment matters by partner Matthias Rubner, partner with associate Romain Nairi.