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It is with great sadness that we learnt of the death of Laurent Combaz in a moutaineering accident.

Laurent was for many years a member of Industrial Committee and in 2013 took over a mechanical engineering business near Annecy.

His energy and enthousiasm will be missed by many and we send our condolences to his wide Françoise and his family.

Activa Capital, the Paris-based independent private equity firm, is pursuing its development strategy and announces the arrival of Timothée Héron, 26, as Associate.

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Alliance Etiquettes is actively pursuing its consolidation strategy in the wine, spirits and agri-food high-end labeling sector by announcing the acquisition of Applic’Etains, its 4th build-up since Activa Capital’s investment in July 2015.

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Atlas for Men, the men’s outdoor clothing brand that became independent from Groupe De Agostini a year ago, following a spin-off organized by Activa Capital and the Management team, has refinanced its existing debt alongside an extended pool of banks, allowing the full reimbursement of the mezzanine debt and partial reimbursement of the shareholder funds.

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Armoa represents the second significant acquisition in 18 months of Activa’s aerospace subcontracting platform - Mecadaq.

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In the context of a reorganisation of Nexeya's capital structure, Activa Capital and Bpifrance have sold their stakes in Nexeya, a French group specialised in the design and manufacture of mission-critical electronic systems for major industrial companies primarily in the defence, aeronautics, space, energy, railway and automotive sectors.  After having substantially reinvested, Nexeya's management now holds a majority stake in the group.

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