Transactions

Tôlerie Jannin-Carnet is an exceptional story, initiated by Gérard JANNIN-CARNET in 1973, who was joined in the family adventure in 2003 by his two daughters Nathalie and Sandrine.

In 2015, Nathalie and Sandrine took over the management of the company. They successfully led an industrial plan, placing TJC at the cutting edge of technology to better satisfy its customers. A major lean-management project has been carried out in recent years, laying the foundations for long-term development.

Specialising in fine precision sheet metal work for cutting-edge industries, TJC employs 35 people in Fragnes-la-Loyère (Saône-et- Loire) and has enjoyed steady growth over the past 5 years. It expects to achieve sales of over €6m in 2023. TJC plays an active role in its customers’ industrialisation projects, shares its technical know-how for product development and optimises production on an ongoing basis.

TJC works on behalf of French and international customers in demanding sectors such as rail, defence, ticketing, energy storage, etc.

Gilles Bennardo is a native of Chalonnais with a passion for industry. After 20 years’ experience as an employee, first with Pechiney as Production Manager, then as Plant Manager with Smurfit Kappa, Orangina and Amcor, he decided to set up his own business in 2019. As a portage salarial with Akuit, he is working on the takeover of a company, and provides operational interim management assignments (Gerresheimer, Panzani, Ynsect…).

The JANNIN-CARNET family chose to entrust Gilles with the future development of TJC on the basis of shared values such as humility, customer service, a passion for technology and the desire to preserve local employment.

Gilles is backed by regional investors UI Investissement and BDR Invest, who have been working with him for nearly two years to identify a company with strong growth potential.

Sandrine and Nathalie JANNIN-CARNET commented: “A real relationship of trust developed with the SOCIETEX team throughout this year of transition. Thanks to their professionalism, their methods, their sound advice and their moral support, SOCIETEX helped us make the handover of our family business a reality”.

Stakeholders:

Sell-side
– HJC (Nathalie JANNIN-CARNET, Sandrine JANNIN-CARNET)
Advisors
– M&A advisor: Societex (Thomas BEAURAIN, Clément MATELOT, Ali DRISSI)
– Corporate lawyer: FIDAL Avocats (Jean-Paul GROS)

Buy-side
– Manager buyer : Gilles BENNARDO
– Financial investors: UI Investissement (Hugues BERINGER), BDR Invest (Christian ATTARD, MathildeFAGLIN)
Advisors
– Financial advisor: Finovea (Frédéric FRAICHOT, Alexandre POUX-BERTHE)
– Corporate lawyer: FIDAL Avocats (Nicolas GREBOT)
– Legal due-diligence: G&P Avocats (Johanna GROGNU)
– Financial and tax due-diligence: Advolis Orfis (Christophe VELUT, Claire EVAIN)
– Social due-diligence: Alex Brea Avocat
– Senior debt: Caisse d’Epargne de Bourgogne Franche-Comté (Laure BOLATRE, Xavier BOUJON), Société Générale (Florian RAHMS, Paulo LOPES, Benoit MARET), BPI France (Pierre BAILLY, Margaux BAR)