Alexandre Jaurett

Partner, Paris

Biography

Overview

Alexandre Jaurett heads the Paris Employment, Compensation & Benefits team. He specializes in all aspects of contentious and non-contentious employment and benefits matter.

With particular expertise in the cross-border restructurings and employment aspects of both mergers and acquisitions and LBO transactions, he represents a broad list of French and international clients.

Alexandre advises clients in relation to employment contracts, remuneration schemes, dismissals, secondment and expatriation of employees. He provides further counsel on key executives, discrimination law and all matters relating to the relationship between employers and works councils. On the litigation side, he represents his clients before civil, labor and criminal courts, with a particular focus on collective litigation.

Clients also benefit from his expertise in relation to the negotiation of collective agreements, the setting up of employee representative bodies, the closing down of worksites, collective redundancies, outsourcing, transfers of business and collective litigations.

Alexandre has expertise in the setting up of employee benefit plans (share schemes, profit sharing, and pensions) for international corporations, in particular French and US listed companies.

Alexandre notably advised the Coface Group on the employee share offering in 20 countries in the frame of its initial public offering on the regulated market of Euronext Paris. Natixis, Coface's shareholder, initiated the IPO and the offering amounted to approximately €832 million. Coface is a worldwide leader in credit insurance, with a direct presence in 67 countries and employing 4,400 people.

Other recent examples of Alexandre's work advising on employment aspects relating to initial public offering on the regulated market of Euronext Paris include SPIE and SMCP.

Alexandre is a member of Avo|sial (Association of French employment lawyers) and he lectures at University of Paris II Panthéon-Assas on the role and rights of works councils in French companies.

Bars and Courts
Paris Bar
Education
Post-graduate degree (DESS) in Employment and Benefits Law
University of Paris II Panthéon-Assas
Languages
French
English

Experience

SPIE  (2022)
Representation of SPIE on the sale of SPIE UK to Imtech, a technical services group jointly owned by Dalkia and EDF Energy.

Verallia (2022)
Representation of Verallia on the acquisition of Allied Glass from Sun European Partners LLP.

Duke Street (2022)
Representation of Duke Street, a leading European midmarket private equity group, on the employment aspects of the sale of its portfolio company Medi-Globe Technologies GmbH to DCC Healthcare.

Blantyre Capital Limited (2022)
Representation of Blantyre Capital Limited, a special situations investment firm, on the employment aspects of the carve-out of OCV Chambéry France's reinforced glass production activity from Owens Corning, a New York Stock Exchange-listed company that develops, manufactures and markets insulation, roofing and fiberglass composites.

MSIP (2022)
Representation of Morgan Stanley Infrastructure Partners (MSIP), a global leader in private infrastructure equity investing, on the employment aspects of the largest infrastructure private equity and the largest private equity deal in Germany in 2022.

Revaia and Digital + (2022)
Representation on the employment aspects of the growth equity investment funds Revaia and Digital+, lead investors in the US$140 million Series D fundraising by Platform.sh, a unified, secure, enterprise-grade platform for building, running and scaling web applications.

Pegasus Entrepreneurs (2022)
Representation of Pegasus Entrepreneurs and its sponsors Tikehau Capital, Financière Agache, CEO Pierre Cuilleret, Jean-Pierre Mustier and Diego De Giorgi on the employment aspects of the de-SPACing with FL Entertainment, a global entertainment group comprising Banijay Group and Betclic Everest Group, that will result in the listing of FL Entertainment on Euronext Amsterdam.

ADVANZ PHARMA (2022)
Representation of ADVANZ PHARMA on the employment aspects of the acquisition of the ex-US business of Intercept Pharmaceuticals.

EPSA (2022)
Representation of EPSA, a French consulting firm, and its main shareholders on the employment aspects of a joint minority investment from TowerBrook Capital Partners L.P., RAISE Investissement and CAPZA Expansion.

Luko (2022)
Representation of France's leading insurtech company Luko on the employment aspects of the acquisition of Coya, a German insurtech company.

Faurecia (2021)
Representation of Faurecia, one of the world's largest automotive equipment suppliers, on:

  • the launch of a tender offer for HELLA and the acquisition of 60% of HELLA's shares currently held by the family shareholder pool;
  • the sale of its Acoustics and Soft Trim (AST) division to the Adler Pelzer Group (APG), a worldwide leader in automotive acoustic and thermal components and systems.

Ebro Foods (2021)
Representation of leading Spanish agri-food group Ebro Foods S.A. on its entry into exclusive negotiations with CVC Capital Partners VIII for the proposed disposal of the Panzani® dry pasta, couscous, sauces and semolina business.

RTL Group (2021)
Representation of RTL Group in connection with the proposed combination between Groupe TF1 and Groupe M6.

Apave Group (2021)
Representation of the Apave Group and its shareholder GAPAVE on the investment by PAI Partners, a European private equity firm, in the capital of the Apave Group.

Altitude Group (2021)
Representation of Altitude Group, France's leading independent fibre operator, on the acquisition from Covage, a wholesale fibre operator in France, of 26 public and private fibre networks.

Smiths Group (2021)
Representation of Smiths Group plc on the sale of Smiths Medical to Trulli Bidco Limited, a wholly owned subsidiary of funds advised by TA Associates LLP, for US$2.3 billion plus an additional US$200 million contingent on the future performance of Smiths Medical.

Korian (2021)
Representation of Korian, the leading European care services group for elderly and fragile people, in connection with the sale of its 50% equity interest in a long-term care facility located in Ville-La-Grand, France, to existing shareholder DomusVi.

Allianz (2020)
Advised Allianz in connection with the acquisition of an insurance consulting activity from Expleo Group. Germany, Austria and France are involved.

Antalis (2020)
Advised secured lenders of the listed company Antalis SA in connection with the execution of an agreement on the disposal by Sequana (listed holding company) and Bpifrance Participations of their majority stakes in the Antalis Group to the Tokyo based Kokusai Pulp & Paper.

Goldman Sachs (2020)
Advised Goldman Sachs on its EUR 45M primary investment in BackMarket, a French e-commerce plateform company launched in 2014 and specialized in the sale of refurbished electronic goods, along with Eurazeo and Aglae Venturesas part of a Series C round financing of an aggregate amount of EUR 100M.

DRT (2020)
Advised DRT ("Les Dérivés Résiniques et Terpéniques"), a world leader in plant-based chemistry, mainly from pine trees, and one of the leading suppliers globally of high quality, renewable ingredients and its majority shareholer Ardian, in connection with Firmenich's exclusive agreement to acquire DRT from Ardian, Tikehau Capital and family shareholders.

Verallia (2019)
Advised Verallia, world's third-largest manufacturer of glass containers for food and beverages and an Apollo portfolio company, on its €978 million initial public offering (IPO) on Euronext Paris. It is the largest IPO on Euronext Paris since 2017.

Nestlé S.A. (2020)
Advised Nestlé S.A. in connection with the sale of 60% stake of Herta to Casa Tarradellas. Nestlé and Casa Tarradellas will create a joint venture for Herta with their respective stakes of 40% and 60%. The joint venture includes Herta charcuterie (cold cuts and meat-based products) available in six European countries, as well as the Herta dough business in France and Belgium.

Altitude Infrastructure Holding (2019)
Advised Altitude in connection with the entrance of a financial investor into its share capital.

Davidson Kempner and Triton (2019)
Advised Davidson Kempner and Triton, shareholders of Via Location, in connection with the acquisition of Via Location by Fraikin.

Cdiscount (2019)
Advised Cdiscount, subsidiairy of Casino Group, in connection with the creation of IMN platform.

Clariant (2019)
Advised Clariant AG, one of the world's leading speciality chemical companies, in connection with the sale of its subsidiary Healthcare Packaging International AG to Polaris Buyer LLC, a newly-formed affiliate of Arsenal Capital Partners, which is a leading New York based private equity firm.

Publications

Co-author "M&A: Beware of mistakes between signing and closing", Option Finance, 2018 

Co-author "France: Macron's Reforms to the French Labor Code", published by Lexology, October 2017

Co-author "The Macron Ordonnances: simplifying and securing dismissal procedures", Le Club des Juristes magazine, 2017

Co-author "LBO : Tax structuring and employees profit sharing", Private Equity Magazine, issue n°16, April 2006

Co-author "Equity Incentives" in "The French LBO Manual", published by Private Equity International, December 2005

Awards and Recognition

Legal Week, Merger Market on "Top 20 Associates, UK & Europe: 2005-08 YTD" June 12, 2008

Ranked 5th for European M&A by volume and 8th for UK M&A by volume as advising on employment aspects.