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7 april 2009

OFI Private Equity adopts the UN’s Principles for Responsible Investment as the first private equity firm in France

OFI Private Equity, Manager of OFI Private Equity Capital, is the first private equity firm in France to adopt the six “Principles for Responsible Investment” of the United Nations (UNPRI). In committing to these principles:

  1. « We will incorporate ESG issues into investment analysis and decision-making processes. »,
  2. « We will be active owners and incorporate ESG issues into our ownership policies and practices. »
  3. « We will seek appropriate disclosure on ESG issues by the entities in which we invest. »,
  4. « We will promote acceptance and implementation of the Principles within the investment industry. »
  5. « We will work together to enhance our effectiveness in implementing the Principles. »
  6. « We will each report on our activities and progress towards implementing the Principles. »

The adoption of the PRI confirms OFI Private Equity’s commitment to sustainable development and the integration of non-financial criteria (ESG: environmental, social, and governance) in its management and in its investment strategy, as well as the development of companies within its investment portfolio. This commitment is in line with the strategy of OFI Asset Management, signatory to the PRI in March 2008. In order to implement this strategy, OFI Private Equity created in 2008 a Directorship of Sustainable Development and will include an account of ESG criteria in OFI Private Equity Capital’s annual report.

Olivier Millet, President of the Management Board of OFI Private Equity said: “Our aim is to contribute to the development of the economic models of the companies in our portfolio. Our initiative is consistent with our vision of being a long term shareholder which seeks to assure sustainable growth of these companies and value creation for our shareholders. As a result, OFI Private Equity positions itself as an innovative and responsible private equity firm in France.”

 

> ABOUT THE PRI

The PRI were launched in 2006 by leading investment groups from around the world coordinated by the United Nations Environment Programme Finance Initiative (UNEP FI) and the UN Global Compact.

> ABOUT OFI PRIVATE EQUITY

OFI Private Equity is the investment management company of Group OFI dedicated to private equity investments in secondary buy-out transactions. OFI Private Equity manages more than €150 million through different listed and un-listed investment companies and invests in both equity and mezzanine in French companies with enterprise values of between €15 and € 75 million. OFI Private Equity is a dynamic actor in the LBO market in France.

> À ABOUT OFI PRIVATE EQUITY CAPITAL

OFI Private Equity Capital is an investment company quoted on NYSE Euronext (code: OPEC), which invests in both equity and mezzanine in secondary buy-outs of French companies with enterprise values of between €15 and €75 million that have been the subject of a previous LBO.


contacts :

OFI PRIVATE EQUITY:
Olivier Millet • +33 (0) 1 40 68 17 50 • omillet@ofi-privateequity.fr
Jean-François Mallinjoud • +33 (0) 1 40 68 67 94 • jmallinjoud@ofi-privateequity.fr

GROUPE OFI:
Anne-Françoise Lacoste • +33 (0) 1 40 68 17 66 • alacoste@ofi-am.fr

BRUNSWICK:
Agnès Catineau • + 33 (0) 1 53 96 83 83 • acatineau@brunswickgroup.com
Benoît Grange • + 33 (0) 1 53 96 83 83 • bgrange@brunswickgroup.com
    
 
 
 
Press release
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IMV completed the purchase
of Genes Diffusion Swine AI Products division

Following the letter of intent signed on October 26, 2007, the acquisition by IMV Technologies of the Genes Diffusion’s swine equipment business was completed on January 31, 2008.

All contractual agreements are entirely transferred to IMV.

IMV Technologies service technicians will provide full support for all machines made or sold by IMV or Genes Diffusion. The genetic centers remain the sole property of Genes Diffusion and are not part of the purchase.

By this latest acquisition and that of CRYO-VET and CIE Plast last year, IMV Group continues to implement its vision to invest in its core Artificial Insemination portfolio business for the benefit of its customers. The IMV Technologies team is committed to further investments in creating innovating solutions to improve reproductive technologies which will deliver added values to its customers.

IMV Technologies realized turnover of €38.4 million for the fiscal year ended June 30th, 2007. IMV Technologies completed the acquisitions of the companies CRYO-VET, PIG’INS and BIO-VET on 15 May 2007, which together realized turnover of €4.4 million. During 2007, IMV Technologies will have agreed 3 acquisitions representing an additional combined annual turnover of €10 million.

OFI Private Equity Capital is the majority shareholder of IMV Technologies with 73% of the share capital, and actively supports IMV Technologies and its management team in development opportunities in France and around the world.

ABOUT IMV TECHNOLOGIES

IMV Technologies is the world leader for animal reproduction technologies. At the forefront of research, IMV Technologies conceptualises, engineers and markets instruments and technologies covering the entire gamut of operations linked to animal reproduction, embryo transfer for numerous animal species, paying special attention to the needs of breeders and reproduction centers. Four subsidiaries and a network of distributors in more than 100 countries ensures a perfect understanding of national markets and their specificities. www.imv-technologies.com

ABOUT OFI PRIVATE EQUITY CAPITAL

OFI Private Equity Capital is the main investment company of OFI Private Equity, which invests in both equity and mezzanine in secondary buy-outs of French companies with enterprise values of between €15 and €75 million that have been the subject of a previous LBO. www.ofi-pecapital.com

ABOUT OFI PRIVATE EQUITY

OFI Private Equity is the investment management company of Group OFI dedicated to private equity investments in Secondary buy-out transactions. OFI Private Equity manages more than €150 million through different listed and un-listed investment companies and invests in both equity and mezzanine in French companies with enterprise values of between €15 and € 75 million. OFI Private Equity is a dynamic actor of the LBO market in France.

Contacts

OFI PRIVATE EQUITY : Olivier Millet - +33 (0) 1 40 68 17 50 - omillet@ofi-privateeuity.fr

GROUPE OFI : Anne-Françoise Lacoste - +33 (0) 1 40 68 17 66 - alacoste@ofi-am.fr

BRUNSWICK : Agnès Catineau - +33 (0) 1 53 96 83 83 - acatineau@brunswickgroup.com
Olivier Armengaud - +33 (0) 1 53 96 83 83 - oarmengaud@brunswickgroup.com


OFI PRIVATE EQUITY CAPITAL
1, rue Vernier 75017 Paris
www.ofi-pecapital.com

    
 
 
 
Press release
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Animal Health:
2 new acquisitions planned by IMV Technologies

IMV Technologies, the world leader in the design, production and distribution of animal insemination products, announces the signing on 26 October 2007 of an exclusive agreement to acquire the swine equipment business of Gènes Diffusion.

Gènes Diffusion is a breeding cooperative and the specialist in the genetics and reproduction of cows, pigs, horses and rabbits. The swine equipment division which is being acquired generated a turnover of approximately €5.0 million. The acquisition is expected to be finalized in the first quarter of 2008. Swine semen production centers remain the property of Gènes Diffusion.

In addition, IMV Technologies announces the signing on 13 November 2007 of an exclusive agreement to acquire the insemination glove activities of CIE PLAST, based in Italy. This acquisition will represent an additional €1 million in turnover.

IMV Technologies realised turnover of €38.4 million for the fiscal year ended June 30th, 2007. IMV Technologies completed the acquisitions of the companies Cryo’Vet, Pig Ins and Bio Vet on 15 May 2007, which together realized turnover of €4.4 million. During 2007, IMV Technologies will have agreed 3 acquisitions representing an additional combined annual turnover of €10 million.

OFI Private Equity Capital is the majority shareholder of IMV Technologies with 73% of the share capital, and actively supports IMV Technologies and its management team in development opportunities in France and around the world.

ABOUT IMV TECHNOLOGIES

IMV Technologies is the world leader for animal reproduction technologies. At the forefront of research, IMV Technologies conceptualises, engineers and markets instruments and technologies covering the entire gamut of operations linked to animal reproduction, embryo transfer for numerous animal species, paying special attention to the needs of breeders and reproduction centers. Four subsidiaries and a network of distributors in more than 100 countries ensures a perfect understanding of national markets and their specificities. www.imv-technologies.com

ABOUT OFI PRIVATE EQUITY CAPITAL

OFI Private Equity Capital is the main investment company of OFI Private Equity, which invests in both equity and mezzanine in secondary buy-outs of French companies with enterprise values of between €15 and €75 million that have been the subject of a previous LBO. www.ofi-pecapital.com

ABOUT OFI PRIVATE EQUITY

OFI Private Equity is the investment management company of Group OFI dedicated to private equity investments in Secondary buy-out transactions. OFI Private Equity manages more than €150 million through different listed and un-listed investment companies and invests in both equity and mezzanine in French companies with enterprise values of between €15 and € 75 million. OFI Private Equity is a dynamic actor of the LBO market in France.

Contacts

OFI PRIVATE EQUITY : Olivier Millet - +33 (0) 1 40 68 17 50 - omillet@ofi-privateeuity.fr

GROUPE OFI : Anne-Françoise Lacoste - +33 (0) 1 40 68 17 66 - alacoste@ofi-am.fr

BRUNSWICK : Agnès Catineau - +33 (0) 1 53 96 83 83 - acatineau@brunswickgroup.com
Olivier Armengaud - +33 (0) 1 53 96 83 83 - oarmengaud@brunswickgroup.com


OFI PRIVATE EQUITY CAPITAL
1, rue Vernier 75017 Paris
www.ofi-pecapital.com

  
 
 
 
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