ENGIE HOME SERVICE

X

GROUPE DE GAZ DE GIRONDE


Transaction type

Sell-side advisory

Activity sector


Accompanied by

MBA Capital


Date of publication

MBA Capital advises on the sale of GROUPE GAZ DE GIRONDE to ENGIE HOME SERVICE

GROUPE GAZ DE GIRONDE becomes a subsidiary of ENGIE HOME SERVICE which will accompany it in order to ensure its durability and its development, while keeping its brand, its DNA and its know-how.

GROUPE GAZ DE GIRONDE , employing about twenty people, offers a complete range of services for the installation, maintenance and repair of gas heating and hot water production appliances, for private individuals throughout the Bordeaux metropolitan area, particularly in the small downtown of Bordeaux. Taken over by Mr. Christophe Lataste in 2003, a local entrepreneur who had notably bought and sold LOU GASCOUN, the company has structured itself and diversified into the various field of energy.


It is well known by the Bordeaux inhabitants through one of its brands, RAMOUNA ENERGIES;

This beautiful company has been sold to ENGIE HOME SERVICES (turnover of 600M€), leader in France in the maintenance and repair of heating systems for individuals, and subsidiary of the ENGIE GROUP. The ENGIE HOME SERVICES group is a key player in ENGIE’s ambition to become the benchmark energy company by 2024, helping its private customers to consume less and better.

MBA Capital Bordeaux was mandated to set up a competitive sale process with industrials and individuals : contact with the targets, information management through an electronic dataroom, negotiation of offers and sale conditions. MBA Capital’s objective was to find a buyer likely to offer the best conditions required to ensure the company’s durability and future development, which was achieved within the planned timeframe and framework.

Advisors to the buyer

  • Legal advisor : VIVIEN & ASSOCIÉS – Elie Lounis

Advisors to the seller

  • Financial advisor : MBA Capital Bordeaux – Isabelle Arnaud-Despréaux et Alexis Fenêtre
  • Legal advisor : ALTAIRE – Pierre Gramage et Jeanne mucchielli

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