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European Capital Invests 29 Million Euro in Buyout of Soflog-Telis.

Publication: PR Newswire
Publication Date: 12-SEP-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
ST. PETER PORT, Guernsey, Sept. 12 /PRNewswire-FirstCall/ -- European Capital S.A. SICAR, a wholly-owned subsidiary of European Capital Limited ("European Capital") announced today that it, together with ECAS S.a.r.l. and ECAS II S.a.r.l., has invested 29 million euro in the buyout of Soflog-Telis, a leading provider of logistics services to major industrial customers in France. The investment was led by the Paris office of European Capital Financial Services Limited ("European Capital Services"), the sub- investment manager of European Capital, and takes the form of equity and senior and junior mezzanine debt. Following the investment, European Capital and the Soflog-Telis' management team led by Bruno de Chaisemartin, former Chairman, are the majority shareholders of Soflog-Telis with a combined 55% ownership. 3i maintains its current 45% stake in Soflog-Telis.

"We are very proud to support Soflog-Telis. The Company has successfully implemented a unique business model in the industrial logistics sector in...

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