Transactions

Groupe Jardel, a national transport operator based in Toulouse, has acquired 100% of Mulhouse Courses and GP Express, two companies specialising in goods transport services, in particular vehicle rental with drivers.

As part of the competitive process put in place by Societex, Groupe Jardel was able to attract the attention of the sellers thanks, among other things, to a shared vision of the business.

With this merger, Groupe Jardel is strengthening its presence in France, particularly in the Grand-Est region. The Group will be able to draw on the expertise of its drivers and the wealth of processes put in place within the company to meet growing market demand.

Mulhouse Courses and G.P Express benefit from a team of 70 experienced drivers and a fleet of quality vehicles to ensure the smooth day-to-day management of their routes.

Led since 2007 by Catherine and Renaud LEDAIN, this regional player in the Grand-Est region of France generates sales of €8m.

“Societex was recommended to us by a trusted banking partner with whom we have worked for a long time. From the very first meeting, we felt at ease and shared a number of common values. First of all, Societex provided us with their expertise on the various issues involved in a sale. They also played their role of facilitator between the transferee and the transferor very well. We liked their very human approach to a transaction, which can sometimes appear to be nothing more than a financial operation. Above all, their support ensured that the sale was a success.” Catherine LEDAIN – Seller

Advisors :

Sell-side:

• M&A Advisor : Societex (Yoann SUZANNE, Thomas BEAURAIN, Amaury PERDRIAU)
• Lawyer : Me Nathalie HAAS

Buy-side:

• Lawyer : J&L Avocats (Me Stéphane JOLAS)