Lawyer Monthly - July 2022

Acted as Legal Advisers on the transaction Lawyer Monthly Transaction Reports - Mergers & Acquisitions 82 WWW.LAWYER-MONTHLY.COM JUL 2022 ABOUT THE DEAL Mobilux is set to acquire Conforama France in a merger that will create France’s largest omnichannel furniture retail group. Both companies will continue to operate independently under common ownership. Mobilux is the holding company of Clayton, Dubilier & Rice (CD&R) portfolio company BUT. Through this merger with Conforama France – a subsidiary of Steinhoff International and a leading furniture, decoration, electronic goods and appliances retailer – the combined organisation is expected to be the highest revenue earner in the French home furnishings market, with a network of almost 500 stores. The organisation will also be able to leverage both companies’ geographic coverage, further strengthening market leadership in core furniture categories and a myriad of other home equipment products. The merger will also bolster CD&R’s strategic partnership with WM Holding, an affiliate of XXXLutz – Europe’s second-largest furniture retailer. XXXLutz and CD&R own BUT in a 50-50 partnership. Wilhelm & Associés advised on the acquisition with a team led by partners Pascal Wilhelm and Emilie Dumur; and comprising associates Ophélia Thomas and Nicolas Giacobi. Bredin Prat and Gassenbach also advised on the acquisition. February 2022 Mobilux’s Acquisition of Conforama Lawyer Monthly had the pleasure to speak with Pascal Wilhelm, Founding Partner at Wilhelm & Associés to give us some further insight into this transaction:

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