Eight Advisory carries out the financial due diligence, alongside Eight Advisory Avocats, which carries out the tax due diligence in the protocol of acquisition of KSB Service Energie and its subsidiaries by Orano.

8 July 2020

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Eight Advisory carries out the financial due diligence, alongside Eight Advisory Avocats, which carries out the tax due diligence in the protocol of acquisition of KSB Service Energie and its subsidiaries by Orano.

Orano commissioned Eight Advisory to carry out the financial due diligence and Eight Advisory Avocats to carry out the tax due diligence in connection with the acquisition of KSB Service Energie (KSE) and its subsidiaries KSB Service Cotumer (KSC) and Société de Travaux et d’Ingénierie Industrielle (STII).

KSE and its subsidiaries are recognised players in the French nuclear power industry and in the industrial sector, whether it involves work on valve systems, mechanical maintenance on rotating machines or boilermaking services. The 250 or so employees and industrial capacities of the German group join Orano’s “Dismantling and Services” department.

Orano, which has nearly 1,600 employees working on the French nuclear power plant in industrial logistics, site assistance and maintenance, strengthens its expertise and qualifications. With this acquisition, the French group completes its service offering with new resources specialising in nuclear power.

Orano was supported by Eight Advisory teams for the financial due diligence part. The team consisted of Lionnel Gérard, Guillaume Catoire and Numa Agnan.

Orano was assisted by Eight Advisory Avocats for the tax due diligence. The team was composed of Guillaume Rembry, Kevin Peau and Sarah Dahan.

 

About Eight Advisory Avocats: Eight Advisory Avocats is a law firm specialising exclusively in taxation. Eight Advisory Avocats works with companies of all sizes, from start-ups to large accounts, finding solutions to their ongoing or specific fiscal challenges, supporting their growth (internal and external) and their restructuring operations. The firm also acts on behalf of investment funds, advising them on ongoing or specific management of their portfolios (tax compliance, structuring of investments and divestments, management packages, etc).