FFP : Onet shareholding changes 30/05/2017 - Download

Onet has chosen EMZ as a minority shareholder: an experienced fund with a sound knowledge of its businesses and challenges. The EMZ fund has already invested in the sector in the past and shares the family group's projects and values. This was a decisive criterion of choice for Onet.

As Elisabeth Coquet-Reinier, Chair of Holding Reinier, herself stated: "keeping a minority shareholder at our side is a choice: more than an investor, we wanted a partner who would challenge our vision and development strategy, someone who already knew our business. From our very first interviews with EMZ, it became clear to us that we share the same values

- Innovation and, for the customer and our employees, Respect and Openness - all essential points for a lasting collaboration. "

This new page opens up an opportunity for Onet to give new impetus to the priorities defined in its strategic plan: to reinforce engineering know-how across all its businesses, to integrate new technologies to continue to provide more added value to its customers and to develop Onet's international presence.

As a trusted partner, the new minority shareholder EMZ has a seat on the Supervisory Board of Holding Reinier, as well as its committees. However, it is not intended to have a role in operational management.

"We are delighted to be able to partner Onet in the long term. It is a leading group in its market which strives for its 65,000 employees and now occupies a place of reference with its customers. We are convinced of the relevance of the strategic plan and of Onet's capacity to implement it and we will work with Onet to ensure that its ambitions are achieved," said Thierry Raiff, President of EMZ.

Denis Gasquet (Onet S.A), Elisabeth Coquet-Reinier (Holding Reinier) et Thierry Raiff (EMZ)

Originally committed for 5 years, FFP is now leaving the capital of Holding Reinier after 10 years of partnership. FFP announced their departure at the end of 2015, and this is now finalized with the arrival of EMZ, which replaces it as minority shareholder. On this occasion, Robert Peugeot stated: "We are proud to have contributed to the restructuring of Onet's family shareholding in 2007 and to have partnered the company and contributed to its development".

Elisabeth Coquet-Reinier, President of Holding Reinier, wishes to congratulate FFP for its loyal and faithful support since 2007, which has given the Group a new impetus.

Onet is a French family group, created more than 150 years ago. An international leader in engineering and services, Onet partners its clients towards a healthier and more dependable environment. Its activities are divided into different sectors, whose diversified range is based on the expertise of 65,000 employees: Cleaning, Security Guarding and Electronic Security, Logistics, Hospitality, Airport services, Nuclear Services (Onet Technologies), Temporary Recruitment and Training (Axxis Ressources).

Onet carries out its services throughout France from its 350 branches, and is present in 7 countries. In 2016, Onet recorded a turnover of 1.7 billion euros, an increase of 6.2%.

The Reinier Holding, whose majority shareholder is the Reinier family, is the financial holding company of ONET S.A. www.groupeonet.com

Headquartered in Paris, the EMZ Partners team (formerly Euromezzanine) has carried out more than 100 investments since 1999, for a cumulative amount in excess of € 2.5 billion in the most dynamic French SMEs. EMZ's investments range from 10 to 100 million euros in the form of subordinated bonds and equity. EMZ assists executives, family and financial shareholders in the context of shareholder reorganization operations or strategic investments.

www.emzpartners.com

FFP is an investment company listed on Euronext, majority owned by Etablissements Peugeot Frères and managed by Robert Peugeot. The FFP group is one of the main shareholders of Peugeot SA and has a policy of minority and long-term investments. The FFP group holds interests in listed companies (LISI, Zodiac Aerospace, SEB, DKSH or ORPEA), unlisted companies (IHS or Eren Renewable Energy) and private equity funds.

www.groupe-ffp.fr