In January 2020, EMZ arranged a bond financing for France Air to finance the acquisition of SIG Air Handling and thereby become the European leader in the distribution of air handling and ventilation products.
France Air is a French designer and distributor of air handling, ventilation, heating and kitchen hoods products. Headquartered in Beynost, near Lyon, France Air is owned by the Dolbeau family.
In January 2020, France Air acquired SIG Air Handling, European distributor of ventilation products divested by its former parent company SIG plc. The combined entity becomes a pan-European leader generating c. €500m sales, employing 1,800 people and owning entities in 14 European countries.
EMZ supported France Air in this transforming acquisition with a bond financing.