09 Apr Clairfield advises crossborder acquisition in PPE space
Groupe RG, a French distributor of personal protection equipment (PPE), acquired Joysa Vestuarios, a Spanish company in the same sector.
Created in 1987, RG Groupe is a leader in specialized distribution of PPE with revenues of EUR 202 million through its 27 agencies and 460 employees. RG Groupe is headquartered in Lyon.
JOYSA Vestuarios, based in Madrid, started its activity in the mid 90s and has more than 20 years of experience in the commercialization and distribution of clothing and work protection equipment.
Groupe RG has the ambition to continue growing in the sector of work safety clothing and personal protective equipment, both in Spain and abroad, and both organically and through the acquisition of companies that fit well with its vision.
Clairfield International acted as exclusive financial advisor to Groupe RG.
Deal team: Brian O’Hare (partner), Thierry Chetrit (partner), Felipe Selva Von Koszta-rab (associate)