Communiqué
Paris, 6 novembre 2024
Levine Keszler advises ORA Group on its development with the entry of Siparex Midcap 4 as a shareholder
This transformative transaction enables ELBA Group, now known as ORA Group, to consolidate its position as a leader in the creation of new retail models for the luxury sector by placing ESG issues at the heart of its strategy.
Founded in 2006 by Thibaut de Malézieux, the ORA Group is a leading player in the design of luxury retail outlets.
The ORA Group’s long-standing commitment to sustainability, driven by its subsidiary Leaf, which specialises in CSR and eco-innovation consulting, has led it to make a strategic choice in favour of integrated production in France. Its four industrial sites – three in the Île-de-France region and one in Alsace – enable it to use the artistic craftsmanship and outstanding expertise of its teams as the foundation for new, responsible and cutting-edge models.
In less than 20 years, and thanks to the trust of its 600 customers, including some of the biggest names in the luxury sector, the ORA Group has established itself as a major player in its sector in France and internationally through a strategy combining organic growth and targeted acquisitions, with nine external growth operations completed since 2013. ORA currently employs nearly 300 people in France and abroad and expects to generate revenue in excess of €70 million in 2024.
The entry of Siparex Micap 4 into the capital alongside Thibaut de Malézieux and his management team, as well as long-standing partners Adaxtra Capital and Bpifrance, who are renewing their confidence, aims to support the group’s strong growth ambitions, which include achieving turnover in excess of €100 million by the end of the development plan. One of the main objectives of this transaction is to accelerate ORA’s international development while consolidating its various businesses, both through organic growth and a dynamic acquisition strategy.
Levine Keszler advised Groupe ORA on this transaction.
The team worked on the banking aspects of this transaction alongside Rossi Bordes & Associés and Cazals Manzo Saint Quentin.
Advisors to Groupe ORA:
Rossi Bordes & Associés (Fritz Rossi, Gabriel Colombani): Corporate
Cazals Manzo Pichot Saint Quentin (Thomas Cazals, Mathieu Michno): Tax
Levine Keszler (Aude Manzo-Keszler, Anne-Sophie Guilbaud): Banking
Advisors to Siparex:
Lamartine Conseil (Bintou Niang, Myriame Amar, Camille Menard, Solange Ducos)
About the ORA Group
Founded in 2006 by Thibaut de Malézieux and driven by a commitment to sustainability at the heart of its development model, the ORA Group has established itself as a preferred partner of leading luxury brands, offering its clients 360° support combining strategic advice, eco-design, design, production and logistics through tailor-made solutions for shopfitting, decoration and point-of-sale displays.
The full press release is available in the attached file (FR).