April 3, 2008
Kesa Electricals Plc. completes sale of its French furniture and electricals business BUT to Decomeubles Partners SAS, a company backed by a consortium represented by Willkie’s Paris office.
On April 1, it was announced that Kesa Electricals Plc. has completed the €550 million sale of its French furniture and electricals business BUT to Decomeubles Partners SAS, a company backed by a consortium represented by Willkie’s Paris office. The consortium is composed of Colony Capital, Goldman Sachs and Merchant Equity Partners. Kesa, based in London, is the third largest electrical retailing group by sales in Europe. It operates 796 stores in the U.K., the Netherlands, Italy and France. The team, led by partner Daniel Hurstel, included partners Annette Péron, (financing), Emmanuel Scialom (corporate and management) and Pierre Ullmann (tax and structure).
