Gide and Coulon advise Groupement Les Mousquetaires on the purchase of Bricorama
16 January 2018
Deals | France | M&A | Concurrence
Gide, alongside law firm Jean-Claude Coulon & Associés, advised Groupement Les Mousquetaires on the purchase of Bricorama's French and Spanish activities, as well as its Asian sourcing office. The transaction was completed on 4 January following the satisfaction of all conditions precedent.
Gide and Jean-Claude Coulon & Associés were more particularly involved in the merger control filing of the transaction with the French competition authority (FCA). After conducting an in-depth analysis of any potential competition concerns likely to arise from the combination of both retail networks (over 500 points of sale for Groupement Les Mousquetaires and 150 points of sale for Bricorama), the FCA approved the transaction on 18 December 2017, subject to the disposal of 5 retail stores to competitors and the termination of a franchise contract.
Gide's team comprised partners Hugues Scalbert and Antoine Tézenas du Montcel, with associates Elise Bernard and Arthur Debourdeaux on corporate aspects; partner Antoine Choffel, counsel Franck Audran and associate Wenceslas Chelini on competition aspects; as well as partner Laurent Modave with associate Luc Marouby on tax aspects. Coulon's team comprised partners Jean-Patrick Jacob and Philippe Passemard, with associates Maéva Duenas and Margaux Le Page on corporate and real estate aspects, as well as of counsel Mathilde Boudou, with associates Mathieu Debray and Agathe Opoczynski on competition aspects.