McDermott Will & Emery Advises Sogetrel on Acquisition of Eryma Group
International law firm McDermott Will & Emery advised Sogetrel, a French network and communication systems integrator, on the acquisition of Eryma Group, an electronic security subsidiary of Euronext-listed SFPI.
The new entity is estimated to have a turnover of EUR 400m, including EUR 70m in the safety sector, and employ 3,300 staff. Eryma employs 285 people and has a turnover of EUR 38m.
With this transaction, Sogetrel will expand its network of national agencies and consolidate its position in major national accounts sector.