\ March 2024
Press release|March 11, 2024
RICHELIEU AVOCATS advises the transferor family on the sale of CORDERIE HENRI LANCELIN to SAMSON ROPE TECHNOLOGIES Inc.
Corderie Henri Lancelin is a major French player in the design and manufacture of top-of-the-range and innovative synthetic ropes, historically in the offshore racing, sailing and yachting sectors, then in other industrial sectors such as urban planning, the maritime sector, sports and leisure, etc., and more recently in the offshore floating wind energy sector.
Samson Rope Technologies Inc. is recognized as a world leader in the development and manufacture of high performance ropes. With more than 300 employees in the United States and Spain since 2023, Samson Rope Technologies Inc. is positioned as a key player in new technologies and high-performance sizing for the marine, energy and fishing industries.
The RICHELIEU AVOCATS team comprised Guillaume Marguet (M&A and Tax Partner), Marie-Agnès Guillemare (M&A and Finance Counsel) and Mahé Randrianatoavina (Tax and M&A Associate).
The team of FINANCIERE DE COURCELLES, merchant bank, advisor of the sellers, chaired by Matthieu de Baynast, was supervised by Audrey Gennequin, executive director.
Samson Rope Technologies Inc. was advised by PwC (Guillaume Glon, Delphine Bry-Durousseau, Geoffrey Ritter for the legal aspects and Philip Dykstra, Benjamin Tixier and Tristan Auffray for the financial aspects.