Paris, 3rd August 2018 – French lawfirm Jeantet has advised Swiss Life Group in connection with the completion of the acquisition of 24,3% shares of Pisto Group from Lombard Odier Macquarie Infrastructure Fund (LMIF).
Swiss Life joints the shareholding of Pisto Group shareholder along with CNP Assurances and Crédit Agricole. Pisto is France’s leading independent oil services and storage group, covering all segments of the value chain. Futhermore Pisto Group is TRAPIL main shareholder, the leading French player in pipeline transportation of refined products of petroleum. The completion of the transaction made public early in the year was subject to the greenlight of the European competition authorities and of the French Ministry of Economy.
The Jeantet team that advised on the transaction was led by Corporate-M&A partners Yvon Dréano and Vincent Netter, and included antitrust partner Florent Prunet and Corporate-M&A associate Charlotte Favaro, all in Paris.