Debevoise & Plimpton LLP has advised Clayton, Dubilier & Rice (“CD&R”), as existing minority shareholder in SOCOTEC, in the acquisition of a minority stake in SOCOTEC by Mubadala Investment Company and Bpifrance.

Mubadala Investment Company, a global sovereign investor based in Abu Dhabi, and Bpifrance, the French public investment bank, are jointly acquiring a minority stake in SOCOTEC as part of its ‘Ambitions 2028’ plan.

France-based SOCOTEC is the leading independent third-party provider of services for the sustainability of buildings and infrastructure. The company has a presence in 26 countries, including 7 platforms in Europe and the USA.

For full details, see the official release here.

Debevoise previously advised CD&R in its initial investment in SOCOTEC in 2019.

The Debevoise team advising SOCOTEC was led by partner E. Raman Bet-Mansour and international counsel Philippe Tengelmann. Tax advice was provided by partner Matthew Saronson.