CCI Lyon Métropole, Qualium Investissement and Bpifrance confirm their strategic, shareholders’ alliance with emlyon business school
Lyon, September 5, 2019 - CCI Lyon Métropole Saint-Etienne Roanne, Qualium Investissement and Bpifrance are today announcing the closure of the operation announced in June 2019 to open up the capital of the emlyon group. Qualium Investissement and Bpifrance are therefore becoming shareholders of early makers group SA in order to support all of its activities, to finance its development projects, and to underline the attractiveness and excellence of emlyon business school in France and internationally.
The start of exclusive negotiations was announced on June 13. It signaled the desire of CCI Lyon Métropole, the school’s founder and principal shareholder, to create a new educational model, one that will enable emlyon business school to pursue its development on the global stage. This new model will respect the school’s fundamental values and ‘golden rules,’ the specific rights given to CCI to preserve the fundamental principles of the school.
This unprecedented operation takes the form of a commitment to provide equity capital of around €100 million over the next five years.
emlyon business school will be led by an Executive Board under the control of a Supervisory Board. In the months ahead, the school’s share capital will be opened to employees of the emlyon group and the school’s graduates (the alumni), enabling these key players to be even more involved in the success of the project and to renew their attachment to the school.
Emmanuel Imberton, President of CCI Lyon Métropole Saint-Etienne Roanne, explains: “In a unique situation of changes in higher education and significant constraints being placed on CCI, the elected company leaders of CCI Lyon Métropole have had the courage, audacity and entrepreneurial vision to create a pioneering, balanced and ambitious solution. It will give the school created by their predecessors in 1872 all the assets needed to achieve excellence in development, in France and at an international level. We are proud to be sharing this project with Qualium Investissement and Bpifrance, and to be involving the school’s employees and alumni.”
Jean Eichenlaub, President of Qualium Investissement, commented: “We are delighted to have this unique partnership with CCI Lyon Métropole -- and soon with the school’s employees and graduates. Our ambition is to accelerate the school’s development and to support the transformation of its educational model by providing the financial and human resources needed to deliver an ambitious project for educational excellence in France and internationally. We thank CCI Lyon Métropole and the teams at emlyon for their trust, the quality of the discussions, their commitment and their vision -- which are truly inspiring.”
Nicolas Dufourcq, Chief Executive Officer of Bpifrance, adds: “We are very happy to be part of the ambitious project to develop emlyon, inspired by the CCI. This pioneering school has begun a profound transformation of its model in order to accelerate its development and to position itself among the leading business schools in Europe. The arrival of Bpifrance as a shareholder illustrates our desire to support France’s leading institutions in private higher education, who are capable of demonstrating our country’s values and ambition for education to the rest of Europe and the world at large.”
Tawhid Chtioui, Chairman of the Executive Board and Dean of emlyon business school explains: “The conclusion of this innovative partnership is very good news – for our students, our employees and our graduates. With our new partners, we will be able to maintain and further develop the school’s academic excellence, while also increasing its societal impact on its different ecosystems around the world. We are transforming our educational model, while at the same time supporting the sustainable development of our economies and societies by promoting innovation, responsibility and an entrepreneurial spirit.”
CCI Lyon Métropole Saint-Étienne Roanne acts for the benefit of the 120,000 companies of its region. Along with all the other actors, it helps to support the area’s economic dynamism, the competitiveness of its companies and the attractiveness of the metropolitan area of Lyon Saint-Étienne Roanne. Its missions involve three main activities: representing companies and being their voice in dealings with public authorities; acting as an accelerator for companies’ growth, from start-up to every subsequent stage of their development; and finally, contributing to the management of major installations and infrastructure that support the development and attractiveness of the region.
More information on: www.lyon-metropole.cci.fr
About Qualium Investissement
Qualium Investissement, a private equity company registered with France’s stock market regulator (Autorité des marchés financiers) and which has the Caisse des Dépôts as its principal sponsor, is a historic player in capital investment in France. Qualium currently has nearly €1 billion of assets under management and has invested in about 60 French companies since its creation in 1998. Qualium’s ambition is to provide the leadership teams of companies it supports with all the expertise and resources needed to achieve their ambitious plans for development - notably through international expansion and external growth.
More information on: www.qualium-investissement.com
Equity capital investments by Bpifrance are carried out by Bpifrance Investissement. Bpifrance finances companies -- at every stage of their development – by providing credit, guarantees and equity capital. Bpifrance supports companies in their projects for innovation and international expansion. Bpifrance also now provides a wide range of products to sustain their export activities. Consultancy, university links, networking, and acceleration programs for start-ups and SMEs are also part of the offering to entrepreneurs.
More information on: www.Bpifrance.fr - https://presse.bpifrance.fr/
Follow us on Twitter: @Bpifrance - @BpifrancePresse
About emlyon business school
Founded in 1872 by Lyon CCI, emlyon business school is a private, technical, higher educational establishment, approved by the French Government. The school hosts 7,260 students of more than 90 nationalities, and a further 6,200 participants in professional training programs. The school has six campuses around the world (Lyon, Saint-Étienne, Casablanca, Shanghai, Paris and Bhubaneswar), based on a network of 181 international academic partners, and manages a community of 32,000 graduates in 120 countries. The mission of emlyon business school is to reveal “makers” – the leading players in the transformation, individuals who anticipate the future, connect worlds together, build things, show positivity, have a preference for taking action, learn what needs to be done, embrace values -- and accomplish all of this in a collaborative way. The notion of being a “maker” reflects emlyon business school’s vision of an entrepreneur: someone who tries, experiments, makes mistakes, starts again, and learns as they go along. emlyon business school develops these skills as part of a next-generation teaching program, one where the academic search for excellence involves producing and sharing, along with the creation of innovative learning journeys.
More information on: www.em-lyon.com
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CCI Lyon Métropole
Gabrielle de Pommery
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emlyon business school
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