Jeantet advises Turenne in connection with an owner by out (OBO) in the capital of Vitalis

 

Paris, May 17, 2023, Jeantet has advised Turenne, an independent private equity firm, on an owner by out (OBO) in the capital of Vitalis, the family-owned group based in the north of France and the number one independent packer and trader of potatoes and fresh seasonings.

The family-owned Vitalis Group, with revenues estimated at €150 million in 2022, is opening up its capital for the first time to a consortium of funds managed by Turenne and Crédit Agricole,
injecting some €20 million in equity, CBs and revival bonds. The capital restructuring brings in minority shareholders from Crédit Agricole’s two regional subsidiaries, Nord Capital Investissement and Sofipaca, as well as the Regain340 and Obligations Relance funds managed by Turenne Groupe.

This owner by out will allow a new development cycle with an acceleration of external growth and internationalization of the group to reach 250 million euros in revenues. Vitalis’ objective is to strengthen its position through targeted acquisitions of potato traders in France and Europe, targeting the markets of the Iberian Peninsula and Eastern European countries, which are looking to move upmarket with French varieties.

Founded in 2017 by the capital-intensive combination of the Billaut, Bateman, Coo, Leconte and Loridan families, it now represents 12-13% of the potato market share in the supermarket segment. With nine packaging sites in France, Vitalis markets 250,000 tons of potatoes.

Our last press releases

Jeantet advises the Hyg’up Group on the sale of Amplitude Services to Laboratoires Ceetal

Paris, November 27, 2025 – Jeantet advised the Hyg’Up group on a strategic carve-out of Amplitude Services’ activities. This transaction is a decisive step in the Hyg’Up group’s strategy of refocusing on its core business activities, enabling it to concentrate its resources and expertise on priority strategic business segments while optimizing the group’s operational performance. […]

| CORPORATE – M&A – PRIVATE EQUITY

+

Paris, June 25, 2025 – Jeantet advised LBO France and Andera Acto on the sale of Prenax, a specialist in outsourced subscription and non-strategic purchasing management, to the pan-European fund Triton Partners. The Jeantet team drew on its multidisciplinary expertise, with Pascal Georges (Partner), David Hallel and Nicolas Méheust (Associates) handling corporate matters, Gabriel Di […]

| CORPORATE – M&A – PRIVATE EQUITY | TAX | EMPLOYMENT

+

Jeantet advises Entreprise Redonnaise d’Électricité on the acquisition of the Ardelec Énergie Group

Paris, November 17, 2025 – Jeantet advised Entreprise Redonnaise d’Électricité (ERE) on the acquisition of Ardelec Energie, an external growth transaction carried out less than a year after LBO France Gestion acquired a majority stake in ERE. Based in Redon, Bretagne, ERE designs and manufactures prefabricated concrete transformer stations, mainly for industrial customers. Ardelec Energie, […]

| CORPORATE – M&A – PRIVATE EQUITY | EMPLOYMENT | TAX LAW | FINANCING

+

Jeantet advises GIFI on its plan to sell thirty stores to Grand Frais

Paris, October 24, 2025 – Jeantet is advising GIFI, a retailer specializing in home decor and general merchandise, in its discussions with GRAND FRAIS, a food retailer, regarding the sale of 25 to 30 stores. The agreements could be signed in early 2026, after consultation with GIFI’s employee representative bodies. The final completion of the […]

| REAL ESTATE | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises T.Capital on the EUR 58 millions series C fundraising of Filigran

Paris, 8 october 2025 – Filigran is an innovative French start-up operating in the development and marketing of cybersecurity solutions based on open source software, enabling businesses to optimize the management of their cybersecurity systems in order to anticipate any threats and detect any incidents. The investment will enable Filigran to accelerate its expansion in […]

| CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises LBO France on the sale of its stake in Serapid to Capital Croissance and its co-investors

Paris, September 30, 2025 – Jeantet advised LBO France on the sale of its stake in Serapid, an expert in rigid chain technology for moving heavy loads, to Capital Croissance and its co-investors. Capital Croissance, the entrepreneurs’ club dedicated to growing SMEs and mid-cap companies, has acquired a majority stake in Serapid alongside the company’s […]

Paris | CORPORATE – M&A – PRIVATE EQUITY | TAX

+

Jeantet advices New Deal Advisors in its integration into the Eight Advisory Group

Paris, October 6, 2025 – Jeantet advised New Deal Advisors, an Italian financial and transactional advisory firm, with its integration into the international Eight Advisory group, a leading provider of financial, operational, and strategic advisory services. New Deal Advisors has around 50 employees and mainly advises mid- and large-cap private equity funds. This merger marks […]

| CORPORATE – M&A – PRIVATE EQUITY

+

JEANTET ADVISES HOFFMANN GREEN CEMENT TECHNOLOGIES ON ITS SHARE CAPITAL INCREASE WITH PREFERENTIAL SUBSCRIPTION RIGHTS AND RESERVED ISSUANCE OF BONDS CONVERTIBLE INTO SHARES

Paris, 3 October 2025 – Jeantet has advised Hoffmann Green Cement Technologies, a company listed on Euronext Growth Paris, on its share capital increase with preferential subscription rights and the reserved issuance of convertible bonds (“CBs”) to Inveready, for a total amount of €13.9 million. The subscription period was open from 11 September to 23 […]

| CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises the banks in the contexte of the share capital increase by way of private placement of Capital B (the Blockchain Group) for a total amount of approximately €58 million

Paris, 26 September 2025 – Jeantet has advised the banks in the context of the share capital increase by way of a private placement to qualified investors of Capital B (The Blockchain Group) on the Euronext Growth Paris market, for a total amount of €58.1 million. The capital increase of Capital B, a “Bitcoin Treasury […]

Paris | LISTED COMPANIES AND CAPITAL MARKETS LAW

+

Jeantet advised Coincheck Group N.V. on the signature of an agreement to acquire APLO SAS

Paris, September 12, 2025 – Jeantet advised Coincheck Group N.V., holding company of Coincheck, Inc., one of Japan’s leading crypto asset exchanges, on the signature of an agreement to acquire Aplo SAS, a French digital asset prime brokerage for institutional crypto investors. Coincheck Group N.V. was advised by a joint team of Jeantet and the […]

Paris | CORPORATE – M&A – PRIVATE EQUITY | BANKING AND FINANCIAL REGULATION | INTELLECTUAL PROPERTY | TECH & DATA | EMPLOYMENT | TAX LAW

+

Jeantet advises DERICHEBOURG AERONAUTICS on its acquisition of control of the SACI TECHNOLOGY GROUP

Paris, 10 September 2025 – Jeantet advised Derichebourg Aeronautics on its acquisition of control of the companies of the SACI Technology Group from its reference shareholder, Be Box Development. The SACI Technology Group companies are active in engineering and design services for the industrialization of products in the aeronautics industry. Through this acquisition, under which […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises LIDL on the acquisition of 19 supermarkets under the AUCHAN brand

Paris, July 25, 2025 – Jeantet advised the retail chain Lidl on the planned acquisition of 19 supermarkets currently operated under the Auchan banner. Auchan’s employee representative bodies are currently being consulted regarding the contemplated transaction. The completion of the deal remains subject to the fulfilment of several conditions, including clearance from the French Competition […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+