Corus sets up in Hauts-de-France with the acquisition of Laboratoire Bellavoine, by Largillière Finance
Mr. and Mrs. Bellavoine, founders and leaders of Laboratoire Bellavoine, have entrusted Largillière Finance with the mandate to sell their company to Corus.
Created nearly 30 years ago, Laboratoire Bellavoine has become the leading manufacturer of all types of dental prostheses in Picardy. It owns a modern technical center of 700 m² in Saint-Quentin (52) and it is also located in Amiens (80) and Reims (51).
Through this acquisition, Corus is setting up in the region and continues its geographical coverage. The Bellavoine Laboratory will be one of Corus’ regional hubs in France. He will remain under the operational management of Mr. and Mrs. Bellavoine who join Corus.
Shamir Razavhoussen, Director Largillière Finance: « We are very proud to have accompanied Mr. and Mrs. Bellavoine in their capital-intensive operation from beginning to end. The affiliation to Corus will enable Bellavoine Laboratory to acquire new means to enhance its growth and better respond to industry issues. This operation also confirms the trend of the Dental Prosthodontists sector, which is set to consolidate ».
About Laboratoire Bellavoine (www.bellavoine.siteconseil.fr)
Created in 1988 by Gérard and Dorothée Bellavoine, Laboratoire Bellavoine is one of the leading manufacturers of dental prosthesis in the Hauts-de-France.
The laboratory has a modern technical area of 700 m² located at its headquarters in Saint-Quentin (52). It is also located in Amiens (80) and Reims (51).
The Bellavoine Laboratory employs nearly 50 people and has an aggregate turnover of more than € 4 million.
About Corus (www.corusdental.com)
Corus is the leading European group for dental restoration. Born in 2015, Corus aims to unite dental prosthetic laboratories at European level to better meet the challenges of the sector.
Corus is supported by key shareholders including CM-CIC Investissement.
About Largillière Finance (www.largilliere-finance.com)
Based in Paris and Brussels, Largillière Finance is an independent consulting company specializing in assisting executives and shareholders of ETI and SMEs in their corporate finance transactions: corporate disposals and acquisitions, financing (capital and / or debt), financial engineering (valuation …) and financial strategy.
Since 2005, the firm has conducted numerous mergers and acquisitions and also offers strategic coaching services to groups and executives.
Stakeholders List :
Buyer : Corus Dental France – Juan Roma, Nicolas Bonnard
Sell Side : Laboratoire Bellavoine – Gérard Bellavoine, Dorothée Bellavoine
Sell Side Advisor : Largillière Finance – Paul Bougnoux, Shamir Razavhoussen
Sell Side Corporate Lawyer : CMD – Marc Dumon, Yaëlle Demri
Buyer Corporate Lawyer : Pinsent Masons – Catherine Mandon