15 april 2011 - Arsene Taxand advised BMP on tax aspects of the aquisition of JCN

15 april 2011 - Arsene Taxand advised BMP on tax aspects of the aquisition of JCN
Arsene Taxand advised Brockway Moran & Partners (BMP), a Florida-based private equity firm, on its acquisition of JCN, a distributorship company based in Lyon, France (deal value confidential).
The acquisition was completed through DayMen Holdings (Luxembourg) S.à r.l., an indirect wholly-owned subsidiary of DayMen Photo Marketing LP, in which BMP acquired a majority stake in October 2010.

JCN is marketing and distributing photo and electronic accessories in France, including products from the DayMen group, such as Lowepro®, one of DayMen's flagship brands.  JCN’s established footprint in France gives DayMen an immediate platform to expand into the region.  This acquisition will complete DayMen’s existing and well established European distribution network (which is already including the United Kingdom, Germany, Switzerland and Poland).

Arsene Taxand advised BMP on the tax structuring aspects of the acquisition.

The team was led by Denis Andres (Partner) and Jacques Mestoudjian (Lawyer).

Arsene was assisted on tax structuring aspects by Atoz (Hervé Plasman) in Luxembourg and by Alvarez & Marsal Taxand (Ian Fleming) in the UK, both firms being members of the Taxand organisation.

For legal matters, BMP was advised by Jones Day whose team was led by Alexandre de Verdun (partner) and comprised Thibaut Lasserre and also Adeline Petré (M&A), Carol Khoury (real estate), Jean-Michel Bobillo (labor) and Isabelle Maury (Financing).

Arsene Taxand offers a specialist service in all areas of corporate taxation. Our firm’s 16  partners and over 46 tax advisors located in Paris can help your company to anticipate risks and optimise taxation in an international environment.
Established in 2004, Arsene Taxand is the founder member of the Taxand international network.
For more information, please visit our website: www.arsene-taxand.com

Taxand is a global organisation of over 2,000 tax advisors. Taxand covers nearly 50 countries. In each Taxand location one firm is invited to join Taxand. Each firm focuses on delivering high quality tax advice and does not undertake audit work. Taxand advisors work together to provide global tax services for clients.
For more information, please visit our website: www.taxand.com