Acquisition

Oct 2021

Manergy, the energy and environmental transition expert, is strengthening its position in the private sector thanks to Consul'tech's know-how.

Customers and counterparties

The Manergy group, managed and majority owned by Christian Cannet and Benjamin Brullon, is acquiring Consul’tech. The transaction is based on debt arranged by a banking pool composed of BNP Paribas, Crédit Agricole and CIC.

This acquisition was made possible thanks to contacts initiated by the PAX Corporate Finance teams. This acquisition will expand the Manergy Group’s property division and strengthen its position in the private sector.

In order to accelerate its growth, Manergy intends to study new acquisition opportunities in the fields of electrical engineering, renewable energies and local energies with the aim of becoming a major player in the energy transition and the fight against climate change in France.

According to Manergy's Chairman, Christian Cannet: "This acquisition is a strategic step in the development of Manergy, and more particularly of our "Property" division, as it will enable us to rapidly strengthen our position with private sector players. Already very active with social landlords and public sector players, we are now broadening our scope of intervention to meet the needs of all of our asset management clients. Consul'tech's reputation, expertise and methods were decisive in this choice. But also their corporate culture, which is very similar to ours. We are delighted to welcome them to Manergy and are convinced that this is a further step in supporting our clients in their energy transition.

Associate members