Amethis completes a second transaction for the Africa Europe Expansion Fund.

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The first Amethis Europe Expansion close has been announced by Amethis and Edmond de Rothschild Private Equity. The Fund is focused on the social effect and internationalization of French and European SMEs.

Along with the management group, led by Philippe Richoux, the group has already made a first investment by acquiring 75% of the French company Groupe Office Automation in order to strengthen the firm’s positions on its markets.

With AEE’s support, the company will be able to expand commercially in France and Africa and increase sales of refurbished equipment, lowering both the company’s and its clients’ carbon footprints.

The closing of a second transaction in the Spanish cosmetics industry shows how strong the pipeline of potential deals is right now.

AlphaMaven.

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