Tikehau Capital has concluded a funding facility agreement of EUR115 million for a period of three years with the Conforama Group, a major European player in household equipment.
The Conforama Group now has almost EUR200 million of additional liquidity, ensuring its long-term financial independence and stability. This will allow the group to continue to carry out its multichannel development projects, in France and in each of the countries where it operates.
The Conforama Group is a major player in household equipment in Europe, both in-store and online. It has 14,000 employees and operates 315 stores, of which 224 are in France and 91 around seven European countries: Spain, Switzerland, Portugal, Luxembourg, Italy, Croatia and Serbia.
Antoine Flamarion and Mathieu Chabran, co-founders of Tikehau Capital, says: “We are pleased to bring our expertise to the Conforama Group, a player active in the local, national and international economy. Our bespoke, flexible and responsive financing solutions enable us to act as a responsible investor and a long-term financial partner.”
