De Pardieu has advised the banks on the takeover, authorized by the Commercial Court of Nanterre, of Geismar, an iconic French industrial player specializing in railway installation, maintenance, and inspection equipment, by a consortium of investors led by the American investment fund Sandton Capital Partners, comprising the Verdoso Group, the Chinese industrial group Megarock, and Geismar’s management team.
This strategic alliance brings together complementary players the collective expertise of which is a major asset for Geismar’s revival and future development. The group’s current management’s active involvement in this takeover ensures continuity and demonstrates the management teams’ confidence in this project for the future. The offer provides for a substantial initial investment of €20 million, without resorting to debt. The consortium also undertakes to maintain 641 jobs, thereby preserving technical expertise and international presence.