CNIM (EPA:COM) Bertin Technologies, a CNIM Group subsidiary, has entered into exclusive negotiations for the acquisition of Winlight

Transparency directive : regulatory news

19/10/2017 19:03

Bertin Technologies, a CNIM Group subsidiary, has entered in to exclusive
negotiations for the acquisition of Winlight

October 19, 2017 - Bertin Technologies has entered into exclusive negotiations
with Winlight's shareholders for the acquisition of 100% of the company share
capital.
The transaction, which is expected to be completed by the end of 2017, is
contingent upon the signing of a final agreement following consultation of
Bertin Technologies employee-representative bodies.

Winlight is a French company specialized in the design and manufacturing of
components and systems for high-performance optics.

Winlight, headquarter ed close to Bertin's site in Aix-en-Provence, was
founded in 2001. The company mainly operates in the Astronomy, Big Science,
Space and Defense industries. It features a world-class state-of-the art
technical expertise in the design and manufacturing of complex optical systems
and an unique know-how in precision optical polishing systems.

This operation would thus strengthen CNIM's and Bertin Technologies' product
portfolio of high performance mechanical and optical systems that are used in
research reactors, synchrotrons, telescopes as well as in major defense and
space programs.
Further to the acquisition of Saphymo, the French leader of nuclear
instrumentation, in 2015, and the acquisition of the Swedish company Exensor
in July 2017, Winlight's acquisition also aims at consolidating the position of
Bertin Technologies among the world leaders of high-technology sensors and
instrumentation systems.

Winlight and its subsidiaries are owned by their two founders , Philippe
Godefroy and Daniel Soler as well as by Sofipaca ( a Crédit Agricole
subsidiary ), which invested in the capital in 2002 and has supported the
steady profitable development of the company relying on 40 highly qualified
people.

About Bertin Technologies: www.bertin-technologies.com
Bertin Technologies, a CNIM Group subsidiary, relies on its long track-record
of innovation to develop, produce and market innovative systems and equipment
worldwide.
The company also delivers consulting and engineering services and is
developing in the IT industry.
Bertin employs 700 people. Two-thirds are engineers and high-level managers.
The 2016 company turnover amounted to EUR96M.
As a leading company in its defense and nuclear related markets, Bertin is
able to meet the needs of highly demanding industries.
Based in the Paris region, the group is highly active worldwide.

About CNIM: www.cnim.com
Founded in 1856, CNIM is a French equipment manufacturer and industrial
contractor operating on a worldwide basis. The Group provides its products and
services to major public and private sector organizations, local authorities
and national governments in Environment, Energy , Defense, and high technology
markets. Technological innovation is at the core of equipment and services
designed and manufactured by the Group. They contribute to produce cleaner and
more competitive energy, to limit environmental impacts of industrial
activities, to secure sensitive facilities and infrastructures and to protect
individuals and nation states. CNIM is listed on the Euronext exchange in
Paris. It relies on a stable family - based majority shareholding structure
committed to its development. The Group employs 2,500 staff and had revenues of
EUR539.9 million in 2016, 54.6% of which was from exports.

About SOFIPACA: www.sofipaca.fr
Since 1984 Sofipaca, subsidiary of Caisses Régionales de Crédit Agricole
Provence Côte d'Azur and Alpes Provence, has invested in large and medium size
companies located in Provence Alpes Côte d'Azur, in growth capital or buy out
transactions. Sofipaca, through its regional investments, has a strong
background to foster companies' growth.
Long term an d minority financial investor, Sofipaca knows how to closely
support each particular corporate strategy alongside entrepreneurs, yet without
being in the management of companies. The team is independent and human-size
which allows direct dialogs with management and quick decision making.

Press contacts

Bertin Technologies

Agence de presse Gootenberg

François Ramaget
Tél : +33 (0)1 43 59 29 92
Mail : francois.ramaget@gootenberg.fr

Laurence Colin
Tél : +33 (0)1 43 59 00 46
Mail : laurence.colin@gootenberg.fr

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21/12/2017 18:53

CNIM (EPA:COM) Bertin Technologies, a CNIM Group subsidiary, has entered into exclusive negotiations for the acquisition of Winlight

Transparency directive : regulatory news

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