July 14, 2022
Founded in 1949 in Moulins in the Allier, the CEME group is a national reference company in electrical engineering, climate control and maintenance. It has been involved for more than 70 years in projects and services related to energy efficiency and thermal comfort for the tertiary sector, manufacturers, communities, and individuals.
CEME has 700 employees spread across France in more than 20 local operational entities. With a turnover reaching €125m and 1,600 projects managed per year, they are a major independent national player in the energy sector.
As part of its development, CEME, supported by its majority shareholder Apax Développement, became the majority shareholder of SEQUOR on July 7, 2022, thus confirming its vision of complementary business lines. Translink Corporate Finance France provided their expertise on the M&A component of the operation.
SEQUOR was established in 2011 and specialises in electrical engineering (work in high current, low current, instrumentation, automation, and control command) for industries, mass distribution and communities. With a workforce of 38 people, the company is recognised for its expertise in the service of the nuclear industry and the CEA sites at Marcoule in Gardet Cadarache in the Bouches-du-Rhône. SEQUOR is especially well-regarded in the Paca, Occitanie and Auvergne Rhône-Alpes regions.
Through this acquisition, CEME is increasing its local presence and thus its agility in meeting the needs of its customers. Thanks to the multidisciplinary expertise of its 3 historical businesses joined by the know-how within the SEQUOR company, the CEME group further strengthens its ability to provide reliable, innovative, and sustainable solutions on the most complex subjects.
“The arrival of SEQUOR, with its recognised know-how and its fine portfolio of references fit perfectly into our development strategy,” explains Jean de Vauxclairs, President of CEME. “This acquisition allows us to extend our range of skills, particularly in the nuclear industry, and strengthen our geographical roots in the Mediterranean region.
“I am delighted with our integration into CEME, a family group that shares our values,” explains Pierre Mattei, CEO of SEQUOR. “This will allow us to continue our development, relying on their skills and working in synergy with the various agencies established on the national territory.”
Contact our Team Members advising in this transaction:
Headquartered in the city of lights, Paris, and with an office in the beautiful port city of Bordeaux, Translink CF France, formerly Financière Monceau CF, is an independent mid-market M&A boutique. Founded 10 years ago by finance entrepreneurs aged under 30, Translink CF France puts the emphasis on its entrepreneurial DNA when it comes to advising its clients.