(News Bulletin 247) – Eurazeo, through its Corporate Financing (Private Debt) activity and its Eurazeo Corporate Relance (ECR) and NOVI 21 funds, announces this evening ‘a recent investment with CTN Groupe’.
‘The objective of this new operation is to continue and accelerate the development of the company’, assures Eurazeo.
Presented as ‘a major player in the events sector’, CTN Groupe has been designing and distributing for more than 40 years the products and solutions necessary for decoration (walls, ceilings, floors, accessories, etc.) for a wide range of events.
CTN Groupe has gradually diversified its activity into adjacent sectors via successful external growth: Bâches de France, Like Mirror and via its geographical extension in England and Belgium.
Eurazeo indicates that it has carried out a ‘sponsorless’ operation of 22 million euros in order to allow the exit of Indigo Capital and the transfer of capital to a new generation of operational managers while allowing the continuation of the organic and external growth of CTN Groupe in its core businesses.
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