The FCDE has invested €11m in the De Fursac group.

The FCDE has invested €11m in the De Fursac group.
Paris 2nd April 2012 - The Fonds de Consolidation et de Développement des entreprises (FCDE)
announces an investment of €11m in the De Fursac group. Together with LCL and OSEO to the
amount of €5m, this minority investment will allow the group to finance its strategy aiming at
extending its network both in France and abroad.
A key player in menswear, De Fursac is today a brand that represents French elegance. The fashion
house offers a high end collection, and proposes a complete range of men’s clothing from suits to
upper casual. The brand name embodies style and high quality, 40 years of know-how and
partnerships woven with the greatest Italian drapers.
With a strong network of 24 points of sale, De Fursac is a group that benefits from strong growth and
profitability with a turnover of €23m, a 20% increase above 2010.
Edmond Cohen, CEO of the De Fursac group, declared: “The entry of the FCDE in the equity of the De
Fursac group will give the brand the means to develop at home and abroad. We are very pleased that
a partner such as the FCDE, with whom we share the same values and ethics, has joined us as
shareholder”
Benoît Sellam, chairman of the board of the FCDE, declared: “Led by an excellent management team,
the group has known how to impose itself as a modern and strong brand in just a few years. Our
investment will allow this brand to express its full potential.”
About the FCDE
The Fonds de Consolidation et de Développement des Entreprises (FCDE) finances the recovery and
development of SMEs with growth potential. This growth capital fund of approximately €200m is
financed by the Fonds Stratégique d’Investissement (FSI) in partnership with the main banks and
insurance companies of the French market. The FCDE is managed by Consolidation et
Développement Gestion, a minority subsidiary of CDC Entreprises.
About De Fursac
Based in Paris, De Fursac is one of the leaders in men’s high quality fashion, notably for suits. Created
in 1973 and taken over by Edmond Cohen in 1990, the group achieved a turnover of €22.6m in 2011
increasing by 20% compared to 2010. The group employs 105 staff and has 24 points of sale in
France.
Press contact:
FCDE: Anne Descamps
Tel: 01 58 47 93 32
[email protected]
De Fursac: Barbara Curto
Tel: 01 40 07 90 77
[email protected]
Participants in the transaction:
- De Fursac (Edmond Cohen, Barbara Curto)
- FCDE (Benoît Sellam, Nathalie Guillet-Gérard, Jean Joly)
- Legal consultants FCDE: Orrick Rambaud Martel (Saam Golshani, Antoine Brocas, Cyrine
Abdelmoula)
- Legal consultants De Fursac: Ayache, Salama & Associés (Bernard Ayache, Grégoire Zeitoun)
- Financial Due diligence: PwC (Erwan Colder, Armel Dupoy)
- Strategic Due diligence: Roland Berger (Delphine Mathez, George de Thieulloy)
- Legal Due diligence: Gramond & Associés (Xavier Gramond, Marianne Grignard Gardner,
Mélanie Labossais Gramond)