Cases & Deals

Crédit Agricole, Banque CIC Nord Ouest, and Crédit du Nord finance acquisition of Les Délices des 7 Vallées and production lines operated by D7V

Client(s) Crédit Agricole Nord de France, Banque CIC Nord Ouest, and Crédit du Nord

Jones Day represented Crédit Agricole Nord de France, Banque CIC Nord Ouest, and Crédit du Nord in the €26 million (US$30.8 million) financing in connection with the acquisition of Les Délices des 7 Vallées (D7V) and its production lines by Deval SAS, majority owned by Sagard Private Equity Fund and the management of D7V. D7V is a manufacturer of fresh and frozen bread, cakes, pies, and other perishable bakery products.