Groupe REEL, an independent international industrial group, has taken over CNIM’s Industrial Systems business, as part of CNIM Groupe’s insolvency proceedings. CNIM Industrial Systems is active in the fields of defense, nuclear and industry.

Gimar & Co has acted as financial advisor to Groupe REEL in this acquisition.

“By taking over CNIM Industrial Systems, its 430 employees and its first-class industrial set-up, Groupe REEL strengthens its position in defense and in specific high-tech industrial segments”, comments Hubert Chevrinais, Managing Director of Gimar & Co.