Sycomore Corporate Finance acted as financial advisor to to Crédit Agricole Assurances Predica
The company entered the protective safeguard procedure – reserved for sound companies experiencing one-off difficulties – to protect itself from the pandemic impacts on its business.
The support of the group’s shareholders, Crédit Agricole Assurances and CCI Paris Ile-de-France, notably in the form of a €110m equity contribution, enabled Comexposium to get through the period and prepare the recovery while maintaining its leadership position.
The Comexposium group is one of the world’s leading event organizers, staging B2B and B2C events worldwide and covering 11 sectors as wide-ranging as food, agriculture, fashion, digital, security, construction, high-tech, optics and transport. Comexposium welcomes more than 3.5 million visitors and 48,000 exhibitors annually in 26 countries around the world.
Headquartered in France, Comexposium has a sales network and employees in 20 countries.