Bredin Prat advises the industrial group Lebronze alloys in connection with its capital reorganisation and a new financing of €255 million

Bredin Prat advises the industrial group Lebronze alloys in connection with its capital reorganisation and a new financing of €255 million

Paris, 25 July 2023 | Bredin Prat is advising the Lebronze alloys group (the “LBA Group”), a leading worldwide producer of high-performance copper and nickel alloys, in connection with its capital reorganisation and a new financing of €255 million.

With the support of all the LBA Group’s historical shareholders, of banking partners and of debt funds, this transaction allows the Dumont family, as well as the shareholder-managers, to increase their stake in the capital of the LBA Group to more than 70%.

This transaction, led by Michel Dumont and Alexandra Dumont Nubery, respectively Chairman and Chief Executive Officer, has the support of the Dumont family, the shareholder-managers, LBI Investissements (Jérôme Cohen-Potin and Everard van der Straten Ponthoz) and institutional investors (Bpifrance, Socadif Capital Investissement and Société Générale Capital Partenaires) who have demonstrated their confidence and their commitment by reinvesting in the LBA Group.

The LBA Group has received the support of its historical lenders as well as new lenders: Arkéa Banque Entreprises et Institutionnels, BNP Paribas, BPCE group (Banque Palatine, Caisse d’Epargne Grand Est Europe and Caisse d’Epargne Hauts-de-France), Crédit Agricole Ile-de-France, LCL, SaarLB and Société Générale. Fund managers Eiffel Investment Group, Tikehau Capital and Zencap Asset Management are also accompanying the LBA Group in this new key phase of its development.

The Bredin Prat team advising the Lebronze alloys group comprised:

• Corporate: Florence Haas (partner), Paul Worms and Bénédicte Erbin
• Tax: Pierre-Henri Durand (partner), Kevin Guillou and Pauline Meyrueis
• Financing: Samuel Pariente (partner) and Jessim Djama