Le Bélier Societe Anonyme (ENXTPA:BELI) acquired HDPCI Group from Patrick Pineaud and his family on July 31, 2014. The acquisition was financed by a mix of equity and banking debt. HDPCI Group reported revenues of €23.2 million in 2013. Pierpaolo Carpinelli, Benoôt Perrin d'Arloz, Philippe Dubois de Montreynaud and Augustin Delouvrier of Transaction R acted as financial advisors to the sellers. N M Rothschild & Sons Limited acted as financial advisor for Patrick Pineaud and his family. Philippe Berteaux, Sandra Corcos and Serge Wilinski of Marvell Avocats acted as legal advisor and Paul-Emmanuel Benachi and Charlotte Préaux of to Gide Loyrette Nouel A.A.R.P.I. acted as legal advisors to Le Bélier Societe Anonyme. Stéphane Huten and Audrey Distler of Hogan Lovells acted as legal advisors to Patrick Pineaud and his family. Ernst & Young France acted as accountant to Le Bélier Societe Anonyme.

Le Bélier Societe Anonyme (ENXTPA:BELI) completed the acquisition of HDPCI Group from Patrick Pineaud and his family on July 31, 2014.