Carve-out and exit strategies

Preparation, planning and execution

Several rationales could drive a carve-out: focus on the core after a portfolio review, need to strengthen the balance sheet or free up capital to other businesses … A divestiture should be carefully considered, prepared and executed, both for extracting the right value of the asset and limiting side impacts on the core.

Emerton assists corporation in the different phases of the carve-out:

Project example: Aviatube Carve-out

Context: Constellium is considering the sale of Carquefou plant business, provides technical solutions in extrusion and drawing of hard aluminium alloys for the aerospace industry.

 

Emerton support:

 

Results:

Aviatube business entity sold to the German investment fund Quantum partners

 

 

Contacts

Sebastien Plessis

Partner

Expertise

Carve-out preparation
Commercial due diligence
Private placement
Vendor Due Diligence

Pascal Simon

Partner

Expertise

Carve-out preparation
Commercial due diligence
Restructuring M&A