Unipex expands its shareholding

17 October 2019

Distributor of high value-added specialty ingredients for more than 50 years, which regained its independence in 2015, UNIPEX changed its shareholder structure in September 2019.

BNP Paribas Développement and the company's five Business Unit Directors have thus acquired an interest in the equity of its holding company, joining the four existing shareholders.

The objective of this equity restructuring is to ensure the continuity of the company, a desire to preserve the "particular spirit of the company" and to preserve its independence. The operational organization will initially remain unchanged.

« We are very happy to be able to write a new chapter in the Unipex’ life, preparing the future of the company in order to pass it on to our management and thus perpetuate the spirit of the company. We would like to thank Mrs. F. Cassignol, Director of Participation and her team at BNPP Développement for her commitment to the project, confirming the Bank's desire to support entrepreneurs. We would also like to thank our banking pool composed of Société Générale, BNP Paribas and CIC, which have already historically been involved in the company's balance sheet. Lastly, we would like to thank our Counsel, Eduardo Fernandez and his team of Willkie Farr & Gallagher for their invaluable help" said P. Barthelmes, President of the Company