Franklin advises GeoPost/DPDgroup on acquiring majority stake in Epicery
Already operating on the online food delivery market in Europe, La Poste-owned GeoPost/DPDgroup is moving forward with its strategy to expand further into the food market and acquired a majority stake in the French online grocery marketplace Epicery resulting in buying out the business angels, acquiring one third of the founder’s stake. , and injecting equity. Monoprix remained a shareholder further to the completion of the transaction.
GeoPost/DPDgroup was advised by Franklin, with a team led by partner Lionel Lesur, and associates Adriana Chiche and Laura Isabelle Danet, on M&A aspects, with support from partner Stéphan Alamowitch and associate Mathilde Monot, on financing aspects, partner Patrick Thiébart and associate Laurianne Hôo, on employment law aspects, partner Jérémy Chiche and associate Vincent Martinet, on real estate law aspects, partner Sandra Strittmatter and associate Erwan Prely, on intellectual property aspects, partner Valérie Aumage and associate Chloé Martin dit Neuville, on IT and data protection aspects, and partner Xavier Marchand, on insurance law aspects.
Epicery, its founder Edouard Morhange, and the business angels were advised by Fides Partners (partners Franck Vacher and Thomas Bourdeaut, and associate Manon Volle) on legal aspects and Leuwen (Gregory Edberg and Alexandra Matzneff) on financial aspects.