{"id":14109,"date":"2024-10-09T12:03:40","date_gmt":"2024-10-09T10:03:40","guid":{"rendered":"https:\/\/www.cvs-avocats.com\/?p=14109"},"modified":"2025-06-26T16:54:55","modified_gmt":"2025-06-26T14:54:55","slug":"supporting-raja-in-the-acquisition-of-retif-group-2","status":"publish","type":"post","link":"https:\/\/www.cvs-avocats.com\/en\/supporting-raja-in-the-acquisition-of-retif-group-2\/","title":{"rendered":"Supporting RAJA in the acquisition of RETIF Group"},"content":{"rendered":"\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p>On July 31st, RAJA and the Verdoso group announced they had entered into exclusive negotiations for the acquisition of Retif Group, a French distributor specializing in supplies, equipment, and retail layout solutions for professionals.<\/p>\n\n\n\n<p style=\"font-style:normal;font-weight:400\"><br>After receiving favorable opinions from employee representative bodies and the green light from the Competition Authority on August 14th, 2024, both groups have finalized the acquisition.<\/p>\n\n\n\n<p><br>Based in Nice, the Retif group generated revenue of 121 million euros in 2023. It employs 460 people and operates 88 retail locations across Europe, including 66 in France, 15 in Spain, 5 in Belgium, 1 in the Netherlands, and 1 in Luxembourg. The company also maintains e-commerce websites and a distribution center located in Dr\u00f4me (Valence).<\/p>\n\n\n\n<p><br>RAJA is an independent French family-owned group founded in 1954. The group employs 4,500 people and generates revenue of 1.7 billion euros. The group currently operates in 19 European countries and distributes its products to more than 2 million customers.<\/p>\n\n\n\n<p><br>In this transaction, Cornet Vincent S\u00e9gurel conducted legal, social, economic law and compliance due diligence, as well as drafting and negotiating the acquisition documentation on behalf of the buyer, RAJA.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Participants<\/h2>\n\n\n\n<p style=\"font-style:normal;font-weight:400\"><strong>Acquirer: <\/strong>RAJA (Dani\u00e8le KAPEL-MARCOVICI, PDG&nbsp;; Emmanuel CLAIR&nbsp;; Alexandre CHARPY&nbsp;; Carmen BRICENO)<\/p>\n\n\n\n<p><strong>Seller:<\/strong> Verdoso (Franck ULLMAN, Vincent FAHMY, partners)<\/p>\n\n\n\n<p class=\"is-style-default\"><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><u>Advisors:<\/u><\/h4>\n\n\n\n<p><strong>Acquirer&#8217;s Attorneys<\/strong>: Cornet Vincent S\u00e9gurel Lille<\/p>\n\n\n\n<p><strong>Management and coordination<\/strong>: Thomas DESCHRYVER &amp; Benjamin CHEVALIER,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Corporate:<\/strong> Benjamin CHEVALIER, Marie AMOURELLE, Clara SERVAN, Aur\u00e9lia DURDA VENO, Louis HARBONNIER<\/li>\n\n\n\n<li><strong>Competition Law<\/strong>: Am\u00e9lie POULAIN, Caroline BELLONE-CLOSSET, Antoine RAUWEL <\/li>\n\n\n\n<li><strong>Employment Law<\/strong>: Caroline HENOT, R\u00e9gis DEBROISE, Elo\u00efse GRAS-PERSYN<\/li>\n\n\n\n<li><strong>Real Estate Law<\/strong>: S\u00e9bastien CARNEL, Bastien DERVIN, Sofiane DJEFFAL<\/li>\n\n\n\n<li><strong>Contract and Commercial Lease Law<\/strong>: Marion RAES, Morgane PILATE, Carine MAKLES<\/li>\n\n\n\n<li><strong>Intellectual Property Law<\/strong>: J\u00e9r\u00e9mie COURTOIS, Charline QUENEZ<\/li>\n\n\n\n<li><strong>Compliance: <\/strong>David MORTIER<\/li>\n<\/ul>\n\n\n\n<p><strong>Buyer&#8217;s Due Diligence (international aspects), led by Cornet Vincent Segurel and its international network:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Italie<\/strong>:  Withersworldwide Firm (Stefano CIGNOZZI, Anna BARDELLINI, Francesca NOBILI)<\/li>\n\n\n\n<li><strong>Espagne<\/strong>: ARPA Firm (Teresa FLORISTAN PUERTAS, Laya ABOS ALDANONDO, Miguel LECUMBERRI, Mar\u00eda GONZALEZ NAVARRETE)<\/li>\n\n\n\n<li><strong>Belgique<\/strong>: DLPA&nbsp;Firm (Trees VUYLSTEKE, Maude MERTENS, Ana\u00ebl VANDER EECKEN)<\/li>\n\n\n\n<li><strong>Luxembourg<\/strong>: Vandenbulke Firm&nbsp;(Selim SOUISSI, Jeremy DA SILVA, Anastasia MIJAILOVIC)<\/li>\n\n\n\n<li><strong>Allemagne<\/strong>: SCHACKOW Firm&nbsp;(Tobias HAAS)<\/li>\n\n\n\n<li><strong>Pays-Bas<\/strong>: Boels Zanders&nbsp;Firm (Milou SEGERS, Sander HAFKAMP)<\/li>\n<\/ul>\n\n\n\n<p><strong>Tax, VAT, and Financial Due Diligence:<\/strong> KPMG<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Due diligence tax:<\/strong> KPMG Avocats La D\u00e9fense (Sophie FOURNIER-DEDOYARD, Thomas CHARDENAL)<\/li>\n\n\n\n<li><strong>Due diligence VAT: <\/strong>KPMG Avocats La D\u00e9fense (Florence LACHMAN, Anne-Laure BENOIST, Juliette DELZORS, Aliz\u00e9e FIGARO, Lucie FALLICK, Fran\u00e7ois LEMETAYER)<\/li>\n\n\n\n<li><strong>Due diligence Finance: <\/strong>KPMG (R\u00e9my BOULESTEIX, Boris GUEUDIN, Laure GENDRON-TASSEAU)<\/li>\n<\/ul>\n\n\n\n<p><strong>Vendor Attorneys:<\/strong> PDGB<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Corporate&nbsp;M&amp;A<\/strong>: Christophe VANNOOTE, Margaux CHABOUT\u00c9<\/li>\n\n\n\n<li><strong>Employment Law<\/strong>: Ioanna VOSKA<\/li>\n\n\n\n<li><strong>Tax Law<\/strong>: Beno\u00eet DAMBRE<\/li>\n<\/ul>\n\n\n\n<p><strong>Vendor Attorney Antitrust: <\/strong>Franklin (Lionel LESUR, Victoria EPPENDAHL)<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On July 31st, RAJA and the Verdoso group announced they had entered into exclusive negotiations for the acquisition of Retif Group, a French distributor specializing in supplies, equipment, and retail layout solutions for professionals. After receiving favorable opinions from employee representative bodies and the green light from the Competition Authority on August 14th, 2024, both [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":11272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-14109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-communique-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/posts\/14109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/comments?post=14109"}],"version-history":[{"count":0,"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/posts\/14109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/media\/11272"}],"wp:attachment":[{"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/media?parent=14109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/categories?post=14109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cvs-avocats.com\/en\/wp-json\/wp\/v2\/tags?post=14109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}