Ashurst Perkins Coie Advises on the acquisition of Mineris, the French leader in voluntary drop-off waste collection infrastructure

Ashurst Perkins Coie advised a group investors (including Artéus and Ophiliam & Cie) in connection with the acquisition of Mineris. Other investors which make up the majority shareholder group include Epopée Gestion, Omada, Smalt Capital, Malakoff Humanis, and several individual entrepreneurs. The founders, Thierry de Chirée and Pierre Hornung, along with the management team, are making a significant reinvestment in the transaction and will retain their operational roles to ensure a smooth transition. IDIA, BNP Paribas Développement, and Société Générale Capital Partenaires were also involved as minority investors.

Founded in 2000 in Avignon, Mineris (which generates nearly 100 million euros in revenue) has established itself as France’s leading operator of voluntary drop-off waste collection points. The group is the leader in household glass collection and France’s leading provider of waste container washing and maintenance services.
BNP Paribas and CEPAC-Caisse d’Epargne co-arranged the financing for the acquisition, alongside a banking syndicate comprising Artemid, LCL, and Banque Populaire Méditerranée.

The Ashurst Perkins Coie team, led by Charles-Douglas Fuz (partner), included Jean Garreau and Sarah Chemouny (associates) in corporate/M&A, as well as Pierre Roux (partner), Audrey Lesage (counsel), and Milan Czajka (associate) in financing.