Groupe Bouygues’ Acquisition of Equans

Clifford Chance advised the lenders on the financing of this acquisition. The Bouygues Group was advised by Darrois Villey Maillot Brochier and Jeausserand Audouard. White & Case advised the board of ENGIE. ENGIE was advised by the BDGS Associés, Wolf Theiss and Herbert Smith Freehills firms. KPMG Avocats intervened with both the buyer (Bouygues) and the seller (Engie).

Bouygues Group is entering into exclusive negotiations with Engie for the acquisition of Equans. The international business law firm Clifford Chance is advising lenders on the financing of this acquisition.

The Bouygues Group and Engie announced their entry into exclusive negotiations and the signing of a promise to purchase under the terms of which Bouygues undertakes to acquire the entire Equans group, for a valuation of 7.1 billion euros.

With the acquisition of Equans, Bouygues intends to create a world leader in multi-technical services, anchored in France. Equans would become the Bouygues group’s number one Business Line in terms of turnover (around € 16 billion) and number of employees (around 96,000).

The completion of the transaction is subject to the finalization of the constitution of the Equans perimeter and to the usual conditions precedent in the matter, in particular the regulatory authorizations in terms of merger control and foreign investment control in some jurisdictions in which Equans operates. . Final completion of the transaction is expected in the second half of 2022.

The Clifford Chance team formed for this operation was led by Thierry Arachtingi, partner, Mary Serhal, counsel, and Quentin Hervé, associate.

The White & Case team was led by Marc Petitier, partner, assisted by Edouard Le Breton, associate.

KPMG Avocats advised Bouygues with Jérôme Talleux, Partner, Jean-David Parent, Director, Edouard Mouveaux, Senior Manager, Florence Olivier, Partner, David Guiet, Senior Manager, Bénédicte Pérez, Manager, Julie Bellesort, Partner, Anaïs Villar, Senior lawyer , Albane Eglinger, Partner, Camilla Spira, Senior Manager, Constance Mouren, Manager.

KPMG lawyers advised Engie with Sophie Fournier-Dedoyard, Partner.

The Herbert Smith Freehills team included Frédéric Bouvet, Christopher Theris, Sung-Hyuk Kwon, Alexandre de Chezelles, Alexandra Ferrier, Martin Dijos, Alix Dixneuf, Nina Bowyer, Paul Morton, Jeremy Griffin, Chloë Stonex, Régis Oréal, Christelle Salmon-Lataste, Joëlle Chetrit, Charlotte Cunat, Sophie Brézin, Elisabeth Debrégeas, Alexandra Neri, Alexandre Euverte.

The Darrois Villey Maillot Brochier team included Bertrand Cardi, Christophe Vinsonneau, Benjamin Burman, Cécile de Narp, Thibault Verron, Eloy Genest, Didier Théophile, Line Le Gleut, Thomas Servières, Laure Laborde, Henri Savoie, Guillaume Griffart, Théo Rodriguez-Heuzet, Martin Lebeuf, Maxime Garcia, Vincent Agulhon, Pierre Dabin, Anne-Sophie Del Grande.

The Jeausserand Audouard team included Alexandre Dejardin, Faustine Paoluzzo, Tristan Audouard.

The Wolf Theiss team consisted of Christian Mikosch (Partner) and Andreas Schmid (Partner), Rahim Rastegar (Corporate and M&A), Peter Pichlmayr (Corporate and M&A), Carolina Weber (Banking & Finance), Tanja Melber (Real Estate), Stefan Horn (Real Estate), Harald Strahberger (Real Estate), Georg Knafl (Real Estate) and Paulina Pomorski (IP & IT).

The BDGS Associés team included Marc Loy, Thomas Méli, David Andréani, Léa Vallois, Antoine Gosset-Grainville, Maria Trabucchi, Margaux Dalon, Alice Figueiral Da Silva, Jolly Guillaume, Pierre Proux.

Involved fees earner: David Andreani – BDGS Partners; Margaux Dalon – BDGS Partners; Alice Figueiral Da Silva – BDGS Partners; Antoine Gosset-Grainville – BDGS Partners; Guillaume Jolly – BDGS Partners; Marc Loy – BDGS Partners; Thomas Méli – BDGS Partners; Pierre Proux – BDGS Partners; Maria Trabucchi – BDGS Partners; Léa Vallois – BDGS Partners; Vincent Agulhon – Darrois Villey Maillot Brochier; Benjamin Burman – Darrois Villey Maillot Brochier; Bertrand Cardi – Darrois Villey Maillot Brochier; Pierre Dabin – Darrois Villey Maillot Brochier; Cécile de Narp – Darrois Villey Maillot Brochier; Anne-Sophie Del Grande – Darrois Villey Maillot Brochier; Maxime Garcia – Darrois Villey Maillot Brochier; Eloy Genest – Darrois Villey Maillot Brochier; Guillaume Griffart – Darrois Villey Maillot Brochier; Line Le Gleut – Darrois Villey Maillot Brochier; Martin Lebeuf – Darrois Villey Maillot Brochier; Théo Rodriguez-Euzet – Darrois Villey Maillot Brochier; Henri Savoie – Darrois Villey Maillot Brochier; Thomas Servières – Darrois Villey Maillot Brochier; Didier Théophile – Darrois Villey Maillot Brochier; Thibault Verron – Darrois Villey Maillot Brochier; Christophe Vinsonneau – Darrois Villey Maillot Brochier; Frédéric Bouvet – Herbert Smith Freehills; Nina Bowyer – Herbert Smith Freehills; Sophie Brezin – Herbert Smith Freehills; Joëlle Chetrit – Herbert Smith Freehills; Charlotte Cunat – Herbert Smith Freehills; Alexandre De Chezelles – Herbert Smith Freehills; Elisabeth Debrégeas – Herbert Smith Freehills; Martin Dijos – Herbert Smith Freehills; Alexandre Euverte – Herbert Smith Freehills; Alexandra Ferrier – Herbert Smith Freehills; Jeremy Griffin – Herbert Smith Freehills; Sung-Hyuk Kwon – Herbert Smith Freehills; Paul Morton – Herbert Smith Freehills; Alexandra Neri – Herbert Smith Freehills; Régis Oréal – Herbert Smith Freehills; Christelle Salmon Lataste – Herbert Smith Freehills; Chloé Stonex – Herbert Smith Freehills; Christopher Theris – Herbert Smith Freehills; Tristan Audouard – Jeausserand Audouard; Alexandre Dejardin – Jeausserand Audouard; Faustine Paoluzzo – Jeausserand Audouard; Albane Eglinger – KPMG; Sophie Fournier-Dedoyard – KPMG; David Guiet – KPMG; Edouard Mouveaux – KPMG; Florence Olivier – KPMG; Jean-David Parent – KPMG; Bénédicte Perez – KPMG; Camilla Spira – KPMG; Jérôme Talleux – KPMG; Edouard Le Breton – White & Case; Marc Petitier – White & Case; Stefan Horn – Wolf Theiss; Georg Knafl – Wolf Theiss; Tanja Melber – Wolf Theiss; Christian Mikosch – Wolf Theiss; Peter Pichlmayr – Wolf Theiss; Paulina Pomorski – Wolf Theiss; Rahim Rastegar – Wolf Theiss; Andreas Schmid – Wolf Theiss; Harald Strahberger – Wolf Theiss; Carolina Weber – Wolf Theiss;

Law Firms: BDGS Partners; Darrois Villey Maillot Brochier; Herbert Smith Freehills; Jeausserand Audouard; KPMG; White & Case; Wolf Theiss;

Clients: Bouygues SA; ENGIE SA;

Naoual Sadouqi

Author: Naoual Sadouqi