PARIS (July 18, 2017)– International law firm McDermott Will & Emery advised Sogetrel, a French network and communication systems integrator, on the acquisition of Eryma Group, an electronic security subsidiary of Euronext-listed SFPI.
The new entity is estimated to have a turnover of EUR 400m, including EUR 70m in the safety sector, and employ 3,300 staff. Eryma employs 285 people and has a turnover of EUR 38m.
With this transaction, Sogetrel will expand its network of national agencies and consolidate its position in major national accounts sector.
The multi-disciplinary McDermott team advising Sogetrel was led by Transactions partner Henri Pieyre de Mandiargues, and included Félix Huon, Marie-Muriel Barthelet and Anne Febvre advising on the corporate aspects of the deal, Laurent Ayache and Charlotte Michellet advising on regulatory aspects, Myrtille Lapuelle on labor law, Laura Morelli and Charles de Raignac on intellectual property and Romain Desmonts advising on the tax aspects of the deal.
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