Impala Completes Acquisition of Clestra Hauserman Group

Published on : Tuesday, October 29, 2013

Clestra Hauserman Group logoThe commercial court in Strasburg has reportedly accepted the takeover offer for the French Clestra Hauserman Group. This group was under compulsory administration since November 2012.

 

The French Impala Group was previously under the management of Jacques Veyrat, as he was one of the majority stakeholders along with two former Clestra managers Jean-Paul Chaudron and Jean-Luc Bikard has submitted their takeover plans in September, as a consequence of which the decision by the commercial court scheduled for 23 September.

 

 

However prior to this event concerning the takeover, former Clestra manager Xavier Négiar has submitted a continuation plan, a decision regarding the same was originally taken on 19th August. The financing of the continuation plan was not completely clear and keeping that aspect in mind the Bpifrance bank has recently planned to participate in the concluded takeover with a sum of €1m in new funds and a further €3m for the refinancing.

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